Brit achieves record COR following benign cat year
Brit Insurance chalked up a record combined operating ratio of 85.2% in its second full year since turning its focus to global specialty underwriting at Lloyd’s.
The firm, which built on its 2012 COR of 93.2% through a relatively benign catastrophe backdrop, also saw a 3.3% increase in its gross written premiums of £1.19bn (2012: £1.15bn.
Brit experienced a
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