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Lancashire reports increased profits for 2019

Lancashire Holdings saw profits increase year on year in 2019, in results that Alex Maloney, the group chief executive officer, described as “pleasing”. 13 February 2020

ILS

ILS can be a $1trn market - if it embraces cyber risk: AkinovA CEO

The ILS market can grow tenfold by embracing standardisation and developing new products, particularly ones that offer cyber exposure, according to Henri Winand, CEO of AkinovA, the electronic marketplace for trading re/insurance risk. 13 February 2020

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Argo to report a Q4 underwriting loss of $114m

Argo Group International Holdings will report an underwriting loss of approximately $114 million for Q4 2019, with profits significantly undermined by a number of factors, the re/insurer has warned. 13 February 2020

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AXA XL and McGowan create amusement and entertainment insurance JV

Allied Specialty Insurance, a subsidiary of AXA XL, has entered into a joint venture with The McGowan Companies to form McGowan Allied Specialty Insurance. 12 February 2020

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Watford claws its way to profitability in 2019

Watford Holdings managed to claw its way back to profitability in 2019, despite suffering losses in Q4, with its CEO upbeat about the business’ prospects going forward. 12 February 2020

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Arch Capital sees profits more than double for 2019

Arch Capital Group saw profits more than double in 2019 from the previous year, with Q4 results also showing year on year improvements. 12 February 2020

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Fidelis raises $300m to fuel growth

Fidelis Insurance Holdings has raised approximately $300 million of equity capital to fuel the growth of the business. 11 February 2020

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Everest Re reports increased profits for full year and Q4 2019

Everest Re Group reported healthy full year 2019 and Q4 2019 numbers, with profits increasing for both periods, and gross written premiums also up. 11 February 2020

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BILTIR hosts lunch and learn session for Berkeley students

The Bermuda International Long Term Insurers and Reinsurers (BILTIR) has hosted a “lunch and learn” session at which ten students from Berkeley Institute learned about the wide range of career opportunities open to them in the life re/insurance sector. 11 February 2020

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Global Indemnity to pay dividend in March

Global Indemnity will pay a dividend of $0.25 per ordinary share to all shareholders of record as of the close of business on March 24, 2020. 11 February 2020

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