PartnerRe profit survives $35mn Ogden hit

PartnerRe clocked a $44mn operating profit for the first quarter
of 2017, matching the results for the same period last year despite
taking a $35mn charge related to the UK government's
controversial move in February to change the way some personal
injury payments are calculated.
Total revenue in the Exor-owned carrier's non-life division
fell by 11 percent to $1.12bn after a number of policies were
cancelled or not renewed as well as an increase in premiums ceded
and a change...