Brit shrinks casualty business in Q3 but other Fairfax units drive global top-line growth
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Brit shrinks casualty business in Q3 but other Fairfax units drive global top-line growth

Fiona Robertson
03 November 2023
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Brit’s top line shrank by 3% year-on-year in Q3 to $923.5mn, as it wrote less casualty business, although parent Fairfax recorded growth across its other global (re)insurance brands.

According to Fairfax Q3 financials, Brit returned to underwriting profit with a $46.2mn gain that represented a combined ratio of 94.0%.

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Topics

News Results Allied World Brit Fairfax Financial Odyssey Re Crum & Forster
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