The Britannia Group reports a satisfactory set of results with a profit of USD60.9 million on the back of strong investment gains and the combined ratio improving to 111.3%. KEY POINTS
Result is a profit of USD60.9m. Improved underwriting loss of USD27.9m and investment return of USD88.8m. Combined ratio is 111.3% reduced from 137.7%. Retained claims down 25% and pool claims lower. The Britannia Group remains financially robust with free reserv…
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