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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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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 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 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 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 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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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 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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McNeil and Company, the insurance and risk assessment company owned by Arch Capital Group, has acquired Penflex, which specialises in the actuarial and administrative services of length of service award programs (LOSAP) for emergency service organisations. 11 February 2020
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EXOR has entered into exclusive discussions with Covéa regarding a possible all-cash acquisition of PartnerRe. 10 February 2020
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