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Best’s News & Research Service subscription required - April 12, 2024 01:32 PM (EDT)

R&Q Warns of 'Significant' Loss on Reserve Development, Agrees to JV Sale

R&Q Insurance Holdings Ltd. expects a "signficant" pretax loss for 2023 on adverse development in its legacy business as it agreed to sell its stake in a joint venture to an investment firm. . . .

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