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Commercial

KKR exits from Willis investment

Willis has announced that two of its largest shareholders commenced a secondary offering of 6.1 million shares of common stock. The offered shares are being sold by Profit Sharing (Overseas), Limited Partnership, an affiliate of Kohlberg Kravis Roberts…

Fortis beats five to win Post Office business

Fortis Insurance has secured a further 2-year contract to underwrite the Post Office travel insurance product. The reappointment, commencing January 2006, follows an extensive appraisal by Aon, Post Office’s appointed broker, of offerings and…

SVB sells Fusion to Towergate

SVB has sold its majority stake in Fusion Insurance Services to Broomco 3881 Limited (“Newco”) at a value for the entire issued share capital of Fusion of £25m.

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