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Receiver Throws In Towel On Reinsurer Scottish Re's Rehab

By Rick Archer ( May 4, 2023, 1:50 PM EDT) -- Delaware's insurance commissioner has told the state's Chancery Court that he's giving up his attempt to rehabilitate reinsurer Scottish Re (US) Inc., saying there is no way to return the company to solvency in a reasonable time and that liquidation is the best path forward....

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