Stocks

Lancashire took a $13.1mn loss during the third quarter from its 10 percent stake in the Kinesis third party fund

Swiss Re said it would proceed with a CHF1.0bn ($1bn) share buyback programme after taking $4.0bn of catastrophe claims in the first nine months of 2017

Heritage reported an $8.7mn net loss in the third quarter as it retained $20mn of a gross $388mn loss from Hurricane Irma

Florida carrier United Insurance Holdings (UPC Insurance) has amended regulatory filings to lift the amount of capital it could raise through ad-hoc equity or debt issuances to $250mn

RenaissanceRe raised $248.6mn of fresh equity for its DaVinci Re sidecar as of 1 October, after investors in the vehicle took a $255.5mn loss in the third quarter

New York-listed Blue Capital Reinsurance Holdings reported a $51.9mn net loss for the third quarter as it took losses of $68.1mn from hurricane events in the quarter.

Everest Re's Mt Logan sidecar posted a $116mn drop in assets under management during the third quarter to reach $833mn on 1 October, compared to $949mn at 1 July.

Aspen ceded more than 40 percent of its gross losses from the third quarter catastrophes to its reinsurance and retro partners, the company's executives said on an earnings call

Validus recorded a $74.1mn loss attributable to AlphaCat investors in the third quarter, as the (re)insurer's asset management platform reserved for $574mn of net losses for the period

Chubb has transferred $1.09bn of its third quarter losses to its reinsurance and retro partners, it announced in its third quarter results.

Markel Corporation has announced that fees earned from its Markel Catco vehicle have shrunk 85.5 percent year-on-year, from $8.3mn for the third quarter last year to $1.2mn for the third quarter this year.

Munich Re said it should still make a small profit for 2017 after taking EUR3.2bn of major losses in the third quarter.