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Softening renewal market means reinsurer will pursue business with better risk-adjusted returns

Re/insurer records gross written premium growth of 17 per cent

Gross premiums written increased 17 per cent and net income finished at $143.8 million

Mike Mulray has been promoted to president and Daniel Tague to chief underwriting officer

New $300 million sidecar shows shift in capital and underwriting strategy

Net income was up significantly, $53 million compared to the same period last year

Solid capitalisation and underwriting profitability highlighted for five firms in report

Insurer and reinsurer has record year even with $160 million in catastrophe losses, mostly in Bermuda

Li will be a key member of the company’s global finance function

The Bermudian executive is now vice-president head of speciality reinsurance at the firm

Susan Steinhoff who has been made chief underwriting officer at Hamilton Re

The result is an increase of 55 per cent compared with the prior year