Brit posts 117.4% combined ratio for Q3 and $265mn cat losses

04 November 2022

Fairfax-owned London carrier Brit has reported a 117.4% combined ratio for the third quarter as it booked cat losses of $265mn, primarily relating to Hurricane Ian.

The consolidated combined ratio of Fairfax’s P&C insurance and reinsurance segments was 100.3%, a 0.8-point improvement on the prior-year period.

The

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