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North’s merger with Standard to bring ‘significant’ cuts in expense ratios

Extraordinary general meeting called in Greece later this month to seek approval from North members

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Members told long-term savings through eliminating duplicated costs will make up three percentage points of the gain. There would also be increased purchasing power and ability to increase retention levels would cut the cost of reinsurance

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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