Brit improves H1 COR to 93.3%
Brit Group posted a combined ratio of 93.3% for the first sixth months of 2012, down from 104.8% for the first half of 2011, reflecting benign cat activity during the period.
Back year reserves were strengthened by £10.9m (30 June 2011: release of £43.1m), £7.1m of which related to deterioration on 2011 major losses.
The key driver of this deterioration was the Thailand
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