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The net loss of $14 million came as both operating revenues and contract revenues were higher

The upbeat message is about meaningful progress in priorities of driving revenue and utility, and the next decade of growth

Net income for the three month period fell from $236.4 million to $33.9 million

Net income for the first quarter fell by nearly 50 per cent to $564 million

The Bermuda reinsurer delivered $161.1 million of net income available to common shareholders

The company recognised a deferred tax asset of $155 million that would mitigate the cash tax impact over a decade

A group statement says their claims bill was estimated at between $35 billion and $45 billion

The strong performance included solid underwriting margins as well as a more favourable investment environment

The firm reported net income attributable to shareholders of $20.1 million in Q3

The company reported total shareholder return of 19.4 per cent annualised

Companies reap benefit of corporate income tax accounting gains

CEO Abby Clifford said company delivered a solid start to the fiscal year