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Reinsurance market report : results for year-end 2017

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    <controlfield tag="008">180511s2018    gbr||||       ||| ||eng d</controlfield>
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      <subfield code="a">Reinsurance market report</subfield>
      <subfield code="b">: results for year-end 2017</subfield>
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      <subfield code="a">Headline shareholders' equity at year-end 2017 increased by 7.8% to USD 371.0B (Year-end 2016: USD 344.1B). Without National Indemnity's contribution to the overall increase in shareholders' equity, the total would have decreased marginally to USD 343.7B. The overall USD 26.9B increase in shareholders' funds was due to one-off support provided by significant unrealised investment gains of USD 34.7B which were not reported within net income, of which National Indemnity contributed USD 30.2B. Aggregate net income reduced significantly to USD 12.0B (FY 2016: USD 26.6B) due to the impact of substantial Natural Catastrophe losses. These losses were partly offset by continued high prior year reserve releases, albeit reduced from FY 2016 due in part to the Ogden rate change</subfield>
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    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080552367</subfield>
      <subfield code="a">Reaseguro</subfield>
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      <subfield code="0">MAPA20080602529</subfield>
      <subfield code="a">Mercado de reaseguros</subfield>
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      <subfield code="0">MAPA20080605957</subfield>
      <subfield code="a">Empresas de reaseguros</subfield>
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      <subfield code="a">Evolución del seguro</subfield>
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