Sompo International books 94.2% combined ratio for fiscal Q1
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Sompo International books 94.2% combined ratio for fiscal Q1

Net income at Sompo International bounced back to a positive result for the three months to 30 June at $35mn, following a year-on-year improvement in both underwriting and investment income at the carrier.

This compared with a loss of $146mn a year ago, which at the time was mainly driven by an increase in unrealised losses on securities.

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