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Third Point Re swings to loss in 2018 due to 'challenging investment conditions'
Insurance
Bermuda-based reinsurer Third Point Re posted a net loss for both the fourth quarter 2018 and the full year, driven by "poor investment performance combined with modest catastrophe losses", according to its CEO Rob Bredahl.   28 February 2019
HDI Global Specialty snaps up Neon Underwriting’s bloodstock team
Insurance
HDI Global Specialty, a creation of a merger of the specialty lines activities of Hannover Re and HDI Global, has acquired Neon Underwriting’s bloodstock team.   28 February 2019
The Hanover expands specialty leadership to drive growth
Insurance
US-based property/casualty insurer The Hanover Insurance Group has expanded its specialty leadership team with a series of talent investments.   27 February 2019
Insurance
The board of the Argo Group has described a letter by Voce Capital Management, a shareholder in the company, which heavily criticises Argo’s performance and leadership, as misleading, inaccurate and a “personal attack” on its chief executive Mark Watson III.   26 February 2019
News
Re/insurer Hiscox CEO Bronek Masojada praised the company’s “strong growth” in its 2018 results as he said the “tough action” taken in its London Market business was paying off.   25 February 2019
Insurance
Marine insurance provider Skuld reported a 4.3 percent net increase in renewals for mutual protection and idemnity gross tonnage year-on-year from 2018 to 2019.   25 February 2019
Insurance
Broker Willis Towers Watson has appointed Ben Dunston as head of broking in Asia to lead its next phase of growth, based in Singapore.   25 February 2019
Insurance
Bermuda-based reinsurer PartnerRe has reported losses in both its fourth quarter 2018 and full year results but its CEO Emmanuel Clarke is confident that the company will be able to deliver "solid returns" to its shareholder in 2019.   22 February 2019
Insurance
Alleghany Corporation’s president and CEO admitted the firm was “not immune” from above average catastrophe losses in 2018 as he announced the 2018 year end results.   21 February 2019
Insurance
Aspen has granted a $10 million bonus to its former chief executive officer Christopher O’Kane and $1 million to group chief financial officer Scott Kirk for assisting the Bermuda-based re/insurer with its $2.6 billion merger deal.   20 February 2019

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