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BRIEFLY

October 21, 1987

Transamerica Insurance has moved back into the reinsurance business through two acquisitions: a 51% stake in River Thames Insurance, a subsidiary of London's Sedgwick Group, for $24.5 million in cash, and newly formed Commercial Risk Underwriters Insurance of Stamford, Conn., which was recently formed by Bermuda's Clarendon National Insurance Co. to sell reinsurance in 47 states. The Los Angeles-based subsidiary of Transamerica Corp. of San Francisco said it will capitalize its wholly owned new unit with $185 million and rename it Transamerica Reinsurance.

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