Gard posts 85% combined ratio in first half but investments hit profits
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Gard posts 85% combined ratio in first half but investments hit profits

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Gard continued its spell of improved underwriting in the first half, posting a combined ratio of 85% on an estimated total call basis.

However, the Norwegian marine and energy insurer was hit by turbulence in global markets, which led to a technical loss after tax of $49mn.

The

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