TT Club still in surplus despite 2011 cats
Freight transport and logistics insurer the TT Club has said it kept its combined ratio below 100% in 2011 despite a record year for catastrophe claims.
TT Club's COR was 98.6%, giving it an overall net surplus of $1.2m. This compared with $12.8m in 2010, which had been enhanced by a high level of prior year releases. The TT Club reported a year-on
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