Ascendent Re sees Q1 net income increase as assets grow over $100m
Reinsurance News - Jun 14, 2024
Cayman Islands-based annuity reinsurer Ascendant Re has revealed that its Q1 2024 net income was $18.06 million, up considerably compared to Q4 2023’s figure of $6.66 million. Meanwhile, Ascendant Re’s total assets increased by $18.05 million in Q1 2024 to $112.27 million. At the same ti...
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