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Norton Rose Fulbright promotes new partners

Norton Rose Fulbright has appointed Mina Matin their new financial institutions and insurance partner

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SRS Europe hires new head of finance

SRS Europe has hired Annette Heaney as associate director and head of finance

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MS Amlin creates new special purpose reinsurer

Specialist reinsurer MS Amlin has created a new Bermuda-domiciled special purpose reinsurer

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Ratings of PFI affirmed by A.M Best

A.M. Best has affirmed the financial strength rating of “A+ (superior)” and the long-term issuer credit ratings of “aa-” for Prudential Financial and it's domestic life/health insurance subsidiaries

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Tom Booth resigns from R&Q

Tom Booth, group chief financial officer at R&Q, has resigned from his role of director with immediate effect

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Arizona welcomes 11 new captives in 2017

The Arizona Captive Insurance Department has licensed 11 new captives as of 31 December last year, compared to the seven in 2016

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St Julians relocates to Gibraltar from Malta

St Julians, a UK-focused motor insurer, has redomiciled from Malta to Gibraltar

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Willis Re: 2017 to be one of the worst reinsurance loss years on record

Following recent catastrophe loss estimates of around $136 billion, 2017 is set to be one of the worst loss years on record for the global reinsurance market, according to the latest 1st View renewals report from Willis Re

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RIMS welcomes 2018 president

Robert Cartwright has been appointed as the new president of RIMS for the 2018 term

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John Mamo named new MFSA chairperson

Professor John Mamo will become the new non-executive chairperson of the MFSA

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First ILS vehicle launched in the UK

Neon has launched the UK’s first ILS vehicle, NCM Re, and raised third-party capital to support the UK’s first ILS transaction

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Aegon to sell part of its US run-off business to SCOR

Aegon has agreed to sell a block of its reinsurance business to SCOR and dissolve a related captive insurance company

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