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Aon names new US VC of Reinsurance Solutions

Aon has named Jay Demeusy as the new US vice chairman of its Reinsurance Solutions business

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BMS adds JLT Re deputy CEO as president of US reinsurance

BMS Group has appointed Pete Chandler as its president of US reinsurance operations, effective 27 May

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South Carolina captive industry provides annual impact of $56.8m

The South Carolina captive insurance industry has an annual economic impact of $56.8 million, according to a study by the Moore School of Business at the University of South Carolina

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A.M. Best withdraws ratings of Stanford Health Care captive

A.M. Best has withdrawn the ratings of SUMIT Insurance at the request of the Bermuda-based captive concurrent to a ratings downgrade

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Growth of ILS market continues to slow in Q1 2019, says Willis Re report

Growth of the insurance-linked securities market continued to slow in Q1 2019, following a reduction in Q4 2018, according to a Willis Towers Watson report

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Caitlin Morgan Insurance Services hires Partlow

Dustin Partlow has joined Caitlin Morgan Insurance Services as senior vice president

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Everest Re Group ratings affirmed by A.M. Best

The financial strength rating of A+ (Superior) and the long-term issuer credit ratings of “aa-” of the operating subsidiaries of Everest Re Group has been affirmed by A.M. Best

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Langhorne Re Bermuda makes senior appointments

Langhorne Re has appointed Marvin Pestcoe as executive chair and CEO and Timothy Gasaatura as chief actuary.

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Bermuda to host summer RIMS Risk Management Academy

Bermuda will host a three-day risk management academy event, organised by RIMS and the Bermuda BDA, between 14 and 17 July this year

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North Carolina captive act amendments delayed

Legislation proposing amendments to the North Carolina captive act, including the addition of a premium tax holiday for captives redomesticating to the domicile, has been delayed by the state’s House Insurance Committee

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Lack of risk solution understanding ‘hindering’ risk professionals

A general lack of understanding of available alternative risk solutions is hindering many risk professionals, according to a report from Marsh and RIMS

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R&Q completed 17 legacy acquisitions in 2018

R&Q completed 17 legacy acquisitions of portfolios or insurance companies/captives in 2018

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