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GJW transfers marine trade book to NMU as part of restructure

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Groves John & Westrup has transferred its book of marine trade business to sister company NMU as part of a strategic restructure implemented by Munich Re.

The group said GJW will continue to focus on its more traditional core business of direct yacht and pleasure craft risks. 

David Perfect, NMU CEO and former CEO of GJW, said: “Marine trade adds to

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