NU Online News Service, Oct. 25, 9:53 a.m. EDT

Flagstone Reinsurance Holdings says it will focus on the businesses it says produce the highest return on equity—property, property catastrophe and highest-margin short-tail specialty reinsurance.

Additionally, as part of a business realignment announced by the Luxembourg-based insurer and reinsurer, the company will sell its Lloyd's of London and Island Heritage operations.

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