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Report: Dallas-based US Risk buying London-based MGB Insurance Brokers

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Report: Dallas-based US Risk buying London-based MGB Insurance Brokers

Dallas-based wholesale broker U.S. Risk Insurance Group LLC, through subsidiary Trireme Insurance Group Ltd., is acquiring Lloyd's intermediary MGB Insurance Brokers Ltd., The Insurance Insider reported.

Terms of the transaction were not disclosed.

MGB offers professional indemnity risk services for the construction, consulting, account and insurance sectors, among others.