Profits soar but cancellations and rate pressures hit Q2 premiums at TransRe


Net written premiums dipped at TransRe in the second quarter of 2017 because of cancellations, non-renewals, the impact of rate pressures and increased retentions by cedants. But the reinsurer’s profits soared and the CEO of its parent company Alleghany Corporation praised its disciplined approach.

TransRe, Second quarter 2017 results, Alleghany, Weston Hicks, Reinsurance, North America

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