Insurance Post

TT Club posts 92% combined ratio for H1

freight

International transport and logistics insurer TT Club has recorded a combined ratio of 92% for the first half of 2014, driven partly by a decline in the number of claims.

The company recorded gross earned premiums of $121.4m (£75.6m) in the first half of 2013.

TT's total assets in the period were $503.6m, while surplus and reserves totalled $167.4m.

Charles Fenton

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