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Riley to succeed Medniuk as chairman of IUA

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LONDON--Stephen Riley has been elected chairman of the London-based International Underwriting Association, which represents insurers in the London company market.

Mr. Riley, an executive director and member of the board of Global Aerospace Underwriting Managers, will succeed Tony Medniuk, group chief executive of Global Aerospace, who has been IUA chairman for more than two years.

Mr. Medniuk will continue to serve as a member of the IUA board.