Brit and Allied World slammed by Q3 natcats
Fairfax-owned insurers Brit and Allied World posted poor combined operating ratios for the third quarter of 2017.
Brit’s COR deteriorated from 96.7% in Q3 2016 to 158.3% in Q3 2017 as the London-based insurer fell to an underwriting loss of $222m including $113.3m of losses from Hurricane Irma, $52.4m of losses
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