Brit books H1 operating loss of $166mn as Ki posts 92.6% combined ratio
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Brit books H1 operating loss of $166mn as Ki posts 92.6% combined ratio

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Brit Insurance has swung to an operating loss before currency effects of $166mn for H1, compared with a profit of $208.6mn in the prior-year period.

Combined ratio: The carrier booked a combined ratio of 91.6%. Its attritional ratio was 51.7%, a 1.5-point improvement on the prior-year period.

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