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SRS launches GRC practice

Strategic Risk Solutions (SRS) has launched a new governance, risk and compliance (GRC) practice

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Cat bonds reach record $10.7bn issuance in 2017

Aon’s ILS year-end 2017 update report revealed that during a historic 2017, 35 cat bonds were issued by 31 different sponsors

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MetLife expands global employee benefits team

MetLife has appointed current executive vice president James Reid as head of its global employee benefits business

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ILS growth to continue in 2018

The ILS market will continue to grow this year after a record-setting year in 2017, according to a report from Willis Towers Watson

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Artex opens Singapore office

Artex has launched Artex Risk Solutions Singapore to oversee the growth and development of the firm’s Asia Pacific captive and risk solution strategy

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StatSure Financial launches captive solution

StatSure Financial has launched a captive insurance solution for hedge fund managers

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USHEALTH Group ratings upgraded

A.M. Best has upgraded the financial strength rating of Freedom Life Insurance Company of America and National Foundation Life Insurance from B+ (good) to B++ (good)

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33 new captives for Cayman last year

The Cayman Islands Insurance Supervision Division licensed 33 new captive insurance companies last year, in comparison to the 39 it licensed in 2016

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Capstone appoints new head of operations

Capstone Associated has appointed Jeff Carlson as its head of operations

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BMA management duo selected for new IAIS committees

Craig Swan and Marcelo Ramella, two members of the Bermuda Monetary Authority senior management team, have been appointed as co-vice chairs for the new IAIS committees

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2017 to be costliest on record for weather disasters, says Aon

Weather disasters last year caused $344 billion in global economic losses, making it the costliest year on record for weather-related events, according to Aon’s catastrophe report

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QIC: Markerstudy acquisition is evidence of progression

Qatar Re’s acquisition of Markerstudy Group’s insurance companies represents the latest milestone on its journey toward becoming a global insurance group, according to QIC group president and CEO, Khalifa Abdulla Turki Al Subaey

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