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Reinsurance

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Blue Capital posts preliminary Q3 catastrophe losses

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Blue Capital Reinsurance Holdings Ltd :Blue Capital announces preliminary third quarter catastrophe losses.Blue Capital Reinsurance Holdings Ltd - ‍preliminary Q3 catastrophe losses of $57.5 million, net of reinsurance and reinstatement premiums​.Blue Capital Reinsurance Holdings Ltd - ‍expects September 30, 2017 book value per share to be approximately $14.48​.Blue Capital Reinsurance Holdings - Q3 ‍estimated losses reflect impact of three major hurricanes which made landfall and two earthquakes in Mexico​.

General Insurance Corp says IPO priced at 912 rupees per share

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - General Insurance Corporation of India :General Insurance Corporation of India says IPO priced at 912 rupees per share.

Aspen announces $310 million preliminary estimate of pre-tax losses from Hurricanes Harvey, Irma And Maria

Tuesday, 17 Oct 2017

Oct 16 (Reuters) - Aspen Insurance Holdings Ltd ::Aspen announces $310 million preliminary estimate of pre-tax losses from Hurricanes Harvey, Irma And Maria.Aspen announces $310 million preliminary estimate of pre-tax losses from Hurricanes Harvey, Irma And Maria.Aspen insurance-about $110 million of estimated losses are from Hurricane Harvey, $135 million from Hurricane Irma and $65 million from Hurricane Maria​.Aspen Insurance Holdings Ltd - ‍updated loss estimates will be reflected in Aspen's Q3 2017 financial results​.Aspen Insurance Holdings Ltd - ‍expects to record underwriting loss of approximately $340 million in q3 of 2017​.Aspen Insurance - estimates pre-tax losses, net of reinsurance, reinstatement premiums, of about $50 million from other events including mexican earthquakes​.

Everest Re announces Q3 catastrophe loss estimate of $900 mln after tax

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Everest Re Group Ltd :Everest re announces third quarter catastrophe loss estimate of $900 million after tax.Everest re group - ‍expects to incur pretax catastrophe losses of $1.2 billion, with net economic impact of $900 million after taxes​.Everest re group ltd - ‍estimate includes losses from hurricanes harvey, irma, and maria, as well as estimated losses from earthquake events in mexico​.

Thai Reinsurance Pcl says Q2 net loss 14.9 million baht

Wednesday, 9 Aug 2017

Aug 9 (Reuters) - Thai Reinsurance Pcl ::Q2 net loss 14.9 million baht versus profit of 75.9 million baht.

CBL corporation acquiring 40% stake in Allied Risk Holdings

Monday, 10 Jul 2017

July 10 (Reuters) - Cbl Corporation Ltd :Acquiring a strategic stake of 40% of shares in Allied Risk Holdings, Dublin, for a price of EUR 1.38m.Brendan Malley, current ceo, is retiring from CBL Insurance Europe, and will take a part time claims management role with company.

Kuwait Reinsurance FY profit falls

Thursday, 16 Feb 2017

Kuwait Reinsurance Company : FY net profit 2 million dinars versus 3.2 million dinars year ago . Board proposes stock dividend of 8 percent for year 2016 .FY total operating revenue 36.2 million dinars versus 41.6 million dinars year ago.

Maiden Holdings says Q4 2016 results will include a reserve charge of about $120 mln

Tuesday, 14 Feb 2017

Maiden Holdings Ltd : Maiden holdings announces fourth quarter 2016 loss reserve strengthening primarily focused on commercial auto business . Q4 2016 results will include a reserve charge of approximately $120 million . Q4 reserve charge relative to company's projected december 31, 2016 reserve balance of approximately $2.9 billion. . Still expects to report a modest level of operating and net income for full year .Maiden does not anticipate any change to its quarterly dividend policy.

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