R&Q posts H1 operating loss of $58mn after legacy adverse development
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R&Q posts H1 operating loss of $58mn after legacy adverse development

Samuel Casey
29 September 2023
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R&Q posted an operating loss of $58mn in the first half of 2023, including an adverse development of $40mn in its legacy business.

The figure compared with a loss of $27mn in the prior-year period, as the company highlighted a “continued focus” on cost control in the legacy business.

Meanwhile,

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Samuel Casey
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