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23	23	As of September 2023, the company had a 52-week share price range of $174.22 to $227.16. The trailing P/E ratio of the company is 7.06 times, the price-to-sales ratio (ttm) is 1.24 times, the profit margin is 17.97%, the operating margin is 25.49%, the return on assets (ttm) is 4.06%, the return on equity is 20.84%, and the diluted earnings per share (ttm) is $30.46. The aggregate market value of Common Shares held by nonaffiliated of the registrant at June 30, 2022 was $6.7 billion based on the closing sale price of the Common Shares on the New York Stock Exchange on that date. The number of Common Shares, par value US $1.00 per share, outstanding at February 3, 2023 was 43,719,732.
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	25	+= Recent Developments =
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	27	+* On May 22, 2023, the Company entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with American International Group, Inc. (together with its affiliates and subsidiaries, “AIG”) pursuant to which, upon the terms and subject to the conditions thereof, the Company agreed to purchase certain direct and indirect subsidiaries of AIG, including Validus Holdings, Ltd., Validus Specialty, LLC, and Validus Reinsurance, Ltd. (the acquisitions under the Stock Purchase Agreement, together with the other transactions contemplated thereby, the “Validus Acquisition”). The Validus Acquisition, which is currently expected to close during the fourth quarter of 2023, is subject to customary closing conditions, including, among others, receipt of required regulatory approvals.{{footnote}}https://cbonds.com/news/2329972/{{/footnote}}
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