Mosaic Syndicate 1609 reports $7mn profit as CoR nears 100%
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Mosaic Syndicate 1609 reports $7mn profit as CoR nears 100%

The syndicate reported a combined ratio of 101.2% in 2023.

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Asta-managed Mosaic Syndicate 1609 has reported a profit of $7.6mn for full-year 2023, compared with a loss of $8mn the year prior.

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