Reinsurer has also elected new members for supervisory board
"Due procedure has been followed," sources say
Nation has a "real competitive advantage"
'Version 9' update features several enhancements
Funds will be aimed at providing opportunities to learn string instruments
Entity will aim to provide up to $50 million in per-program capacity
It's the latest in a string of other high-profile hirings
Move set to bolster reinsurer's client support capacities
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