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The loss portfolio transfer is effective July 1, 2024, and RiverStone subsidiaries have assumed subject reserves of $1.2 billion as of that date

Veteran executive will remain with the retirement services company as a senior adviser

The company reported total shareholder return of 19.4 per cent annualised

The firm’s net income available to common shareholders was $173 million

That compares with net income available to common shareholders of $713 million for the 2023 third quarter

Industry veteran takes on the role of International Reinsurance operating officer

The death of the politician and business leader was announced yesterday

Findings are included in the annual Cyber Readiness Report prepared by Hiscox

The firm also reported net income of $2.32 billion in the third quarter, up 13.8 per cent

The company will look to two senior executives in the reorganisation