Hamilton’s Q1 combined ratio (CoR) deteriorated 20.1 points to 111.6% driven by higher catastrophe losses.
The Bermudian reported $150.5mn of net cat losses partially offset by $9.2mn
Hamilton swings to $58.3mn Q1 underwriting loss on higher cat activity
The California wildfires accounted for $142.8mn of total $150.5mn cat activity in the quarter.