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Ryan Specialty Group completes acquisition of Lodestar Marine

Chicago-based Ryan Specialty Group LLC said June 4 that it completed its acquisition of London-based Lodestar Marine Ltd.

Lodestar's operations will become part of RSG Underwriting Managers LLC, the managing general underwriting division of Ryan Specialty Group.

Lodestar co-founders Charles Dymoke and John Hearn join Ryan Specialty Group as joint managing directors of Lodestar and will continue to lead the company, which provides marine fixed protection and indemnity coverage.