Odyssey Re posts profit for Q1
New York-based Odyssey Re made a profit of $46.6m in the first quarter of 2003, 17.2% down on the $56.3m it made in the same period in 2002.
However, this fall was due to accounting changes made in
However, this fall was due to accounting changes made in
Disappointment in discount rate
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX
— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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