NU Online News Service, April 9, 11:13 a.m.EDT

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Guy Carpenter & Company reinsurance brokerage said yesterdayit had successfully completed the previously announced acquisitionof John B. Collins Associates, Inc. Financial terms were notdisclosed.

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Guy Carpenter said Collins is the fifth largest reinsuranceintermediary in the United States and seventh largest in the worldand the acquisition further strengthens its capabilities in medicalprofessional liability, agriculture, Florida property, program, andregional specialty lines of business.

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Peter Zaffino, president and chief executive officer of GuyCarpenter said, "The combination of the specialty capabilities ofCollins with our existing platform will deliver better solutionsfor our clients" and the acquisition will strengthen and diversifyGuy Carpenter's position in North America, creating "moreopportunities for future growth."

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Guy Carpenter & Company is part of the Marsh & McLennanCompanies, with more than 50 offices worldwide.

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The firm's services include line of business expertise inagriculture; aviation; casualty clash; construction andengineering; excess and umbrella; life, accident and health;marine; medical professional liability; political risk and tradecredit; professional liability; property; retrocessionalreinsurance; surety; terrorism and workers' compensation.

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