NU Online News Service, Dec. 9, 3:36 p.m.EST
Specialty insurer Torus said today its parent, First ReserveCorp., has agreed to merge it with the business of its other majorinsurance investment vehicle, Sideris Re--a firm in which MauriceGreenberg holds an interest.
Bermuda-based Sideris is a partnership between C.V. Starr, theinvestment vehicle headed by Mr. Greenberg, and First Reserve.
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