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JLT Re acquires med mal reinsurance broker

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Mergers and acquisitions

JLT Re on Monday said it acquired StoneHill Reinsurance Partners L.L.C.

Terms of the deal were not disclosed. 

Minneapolis-based StoneHill is an independent casualty reinsurance broker that specializes in medical professional liability. 

The StoneHill team, led by Dan Koshiol and Chip Ott, will join London-based JLT Re. StoneHill will rebrand as JLT Re, according to a JLT Re spokeswoman.