Embattled insurer Trenwick Group posted devastating fourth quarterlies to unveil a $386.1mn loss for the year. A loss was inevitable even before the insurer announced a $107mn boost to its reserves for the fourth quarter.
Embattled insurer Trenwick Group posted devastating fourth quarterlies to unveil a $386.1mn loss for the year. A loss was inevitable even before the insurer announced a $107mn boost to its reserves for the fourth quarter.