DaVinci Re benefits from reserve releases in Q3
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DaVinci Re benefits from reserve releases in Q3

Hamilton, Bermuda, City View

DaVinci Re made a net profit of $39.1mn in Q3, up eightfold from the $4.8mn profit a year earlier, as the RenaissanceRe sidecar benefited from an upswing in prior-year reserve releases.

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