Hamilton’s Q1 CoR increases to 91.5% as Baltimore bridge losses hit $37.9m

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Reinsurance News - May 09, 2024

Hamilton’s Q1 2024 combined ratio has increased by 3.6 points year over year to 91.5%, primarily driven by losses of $37.9 million arising from the Francis Scott Key Baltimore Bridge collapse. The attritional loss ratio in Q1 of 2024, net of reinsurance, was 57.2%, an increase of 8.1 points co...

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