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Maiden enjoys growth but its profit is hit by casualty losses
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Maiden Holdings made a loss in the second quarter of 2017 on the back of the emergence of adverse loss development in both its key operating segments. As the reinsurer’s combined ratio soared, the company’s CEO moved to stress he believed the company had addressed the issue.
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Maiden Holdings, Second quarter 2017 results, Art Raschbaum, AmTrust Reinsurance, Bermuda, North America
