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Insurance
R&Q sells Norwegian subsidiary
Randall and Quilter Investment Holdings (R&Q) has sold the entire issued share capital of its Norwegian service company R&Q Triton to Gabler.   30 June 2017
Insurance
$1.9bn nat cat hit drives Chubb into Q3 loss
Property/casualty insurer Chubb said on Oct. 26 that it reported a net loss for the third quarter of $70 million after recording pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, of $1.89 billion in the quarter.   27 October 2017
News
PartnerRe chief risk officer and P&C CEO depart
Bermuda-based PartnerRe has announced that its CEO of property and casualty Tad Walker, and chief risk and actuarial officer Marvin Pestcoe are set to retire from the company at the end of first quarter 2018.   29 June 2017
Insurance
Brit hires from Arch to expand US professional lines
Brit Global Specialty USA (BGSU) has expanded its professional lines offering with the hiring of Rich Hartman from Arch Insurance.   16 January 2018
Insurance
Profitability of global reinsurers could drop to six-year low
The overall profitability for AM Best's composite of global reinsurers could drop to a six-year low, and the ratings agency estimates a 2017 combined ratio of 110 percent for the sector, with return on equity (RoE) ranging from 0 percent to -5 percent.   16 November 2017
Insurance
MS Amlin launches $60m reinsurance sidecar
Specialty re/insurer MS Amlin has established a new Bermuda-domiciled special purpose reinsurer and raised some $55 million from third party investors to back the venture.   8 January 2018
Insurance
Fidelis underwriter joins Liberty Specialty Markets in London
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Jennifer Wilson as an underwriter in its global financial risks team in London.   17 August 2017
Insurance
Berkshire Hathaway 2018 results show P&C growth as Buffett criticises GAAP
Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised.   25 February 2019
Insurance
AEGIS expands Syndicate 1225 capacity
Mutual insurance company AEGIS is expanding the stamp capacity for Syndicate 1225 by 21 percent year on year to £400 million in 2018 to “take advantage of opportunities,” the company said.   26 February 2018
Insurance
Greenlight Re Q4 loss driven by reserving, investments
Cayman Islands-based Greenlight Re reported a loss for the fourth quarter of 2017, driven primarily by reserve strengthening and an investment loss.   21 February 2018

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