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Hong Kong: FP Marine Risks in talks to buy assets of broker Risk Exchange

March 11, 2014 - 6:24am


Marine insurance broker FP Marine Risks Ltd. is in advanced talks to acquire the assets and staff of Hong Kong-based marine insurance broker Risk Exchange Ltd., SinoShip News reported.

The deal is expected to be completed by March 2014.

Richard Walker will join FP Marine Risks' board, and will be named managing director for Asia.

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