Alleghany reveals ‘modest’ ownership stake in Stone Ridge as TransRe slashes property book
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Alleghany reveals ‘modest’ ownership stake in Stone Ridge as TransRe slashes property book

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Alleghany revealed it had taken a “modest” stake in ILS manager Stone Ridge as it disclosed that TransRe cut back its property written premium by more than 25% at 1 January.  

It replaced this in full with growth in other lines, including casualty and professional lines, and a similar strategy will continue to unfold throughout the rest of 2022.

“Put

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