Air India incident hits Hamilton’s loss ratio, but didn’t affect reserves: CFO
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Air India incident hits Hamilton’s loss ratio, but didn’t affect reserves: CFO

The company bolstered casualty reserves by $18mn, mostly from discontinued lines.

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Hamilton’s Bermuda division strengthened its casualty reserves by $18mn in Q2, although CFO Craig Howie noted the increase was “modest” and “very manageable” and stemmed from now-discontinued lines of business such as commercial auto.

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