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Reuters—Marsh & McLennan will take a minority stake in Bermuda-based insurance asset manager Juniperus Capital, which specializes in catastrophe bonds and other capital markets insurance products, Juniperus and its private equity backer Aquiline Capital Partners said Tuesday.

The deal makes for a reunion of sorts— Aquiline Chief Executive Jeff Greenberg was for many years the CEO of the consultancy and insurance broker Marsh & McLennan before being forced out in 2005.

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