Everspan produces first quarterly underwriting profit with CR of 98.4%

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Reinsurance News - May 07, 2024

Ambac’s Everspan has reportedly produced a 98.4% combined ratio in Q1 of 2024, much improved compared to the 121.9% disclosed in the opening quarter of 2023. At the same time, Everspan’s gross premium written (GPW) and net premium written (NPW) grew substantially in Q1 of 2024 as it continued...

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