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    • Déjà vu: Spencer-Arscott firm turned down for insurance license

    Déjà vu: Spencer-Arscott firm turned down for insurance license

    For the second time in seven years, a proposed reinsurer headed by former AON (Bermuda) boss Robin Spencer-Arscott has been turned down for an insurance license.The failed application to the Bermuda Monetary Authority was on behalf of River Reinsurance Ltd., which is owned by Bermuda-based River Capital Ltd.