Last of Q2 Bermudian returns show room for improvement
The latest swathe of Bermudian (re)insurers to report their Q2 results, including Argo, Flagstone, XL and Alterra, have pushed up the composite's average combined ratio slightly from where it stood a week ago, but their figures still reveal a more profitable quarter for the group.
Reserve releases and investment returns have fallen
in the aggregate for the composite even further than they had
before the addition of the late reporters.
On average the group's calendar year combined ratio stands at...
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