Mosaic Syndicate 1609 cuts CoR by 78.6 points for first full underwriting year
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Mosaic Syndicate 1609 cuts CoR by 78.6 points for first full underwriting year

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Mosaic Syndicate 1609 has reported a combined ratio of 105.1% for 2022 – its first full year of underwriting – in a 78.6-point reduction on the 183.7% posted for 2021.

The two-year-old syndicate also trimmed its overall losses for the year to just over $8mn, down from $18.6mn reported in 2021.

Underwriting:

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