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Markel’s Q1 profits fall despite steady overall growth

Markel Corporation has reported that its net profits fell in the first quarter of 2016 and its combined ratio also increased. 4 May 2016

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Chubb & Aon launch management liability operation in Bermuda

Chubb Bermuda and Aon Bermuda have together launched a management liability collaboration. 3 May 2016

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PartnerRe results impacted by Exor costs

PartnerRe has posted a net income of $201.4 million for the first quarter of 2016, down from $231.7 million for the same period of 2015. 3 May 2016

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Argo experiences GWP growth, but profit halves

Argo Group has seen its net income fall by more than half in the first quarter of 2016. 3 May 2016

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Validus posts GWP growth, but profit falls

Validus Holdings, a Bermuda-based re/insurance holding company, has reported a dip in its net income for the first quarter of the year to $166.8 million, compared with $173.4 million in the first quarter of last year. 29 April 2016

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Universal Insurance Holdings sells $10m common stock to RenRe in private placement

Universal Insurance Holdings (UVE) has sold $10 million worth of common stock to RenaissanceRe Ventures, a subsidiary of Bermuda-based RenaissanceRe in a private placement. 29 April 2016

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Arch Capital results harmed by foreign exchange losses

Arch Capital has posted a net income of $149.3 million for the first quarter of 2016, down from $277.9 million in the same period of 2015. 28 April 2016

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AIG, Hamilton and Two Sigma combine for SME platform

American International Group (AIG), Bermuda-based Hamilton Insurance Group, and affiliates of Two Sigma Investments, have entered into a non-binding memorandum of understanding (MoU) to form a joint venture that will establish an insurance platform for the small to medium-sized enterprise (SME) market. 28 April 2016

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AXIS income drops thanks to weak investment results

AXIS Capital Holdings, a Bermuda-based specialty insurance and treaty reinsurance firm, has reported a fall in its net income for the first quarter of 2016, to $38 million, compared with $156 million, for the first quarter of 2015, weighed down by weak investment results. 27 April 2016

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RenRe’s profits fall, but acquisitions drive growth

Bermuda-based RenaissanceRe Holdings (RenRe) has reported decrease in its net income for the first quarter of 2016, down to $128, compared with $167.8 million in the first quarter of 2015. 27 April 2016

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