Hamilton’s Q1 CoR increases to 91.5% as Baltimore bridge losses hit $37.9m
Share!
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...
Recommended Articles
Brazil floods: rising toll and mounting economic losses, says Aon
Posted: May 17, 2024
Following recent floods in the Brazilian state of Rio Grande do Sul, the region grapples with escala...
HITRUST and Trium Cyber introduce exclusive cyber insurance
Posted: May 17, 2024
Trium Cyber announces its partnership with HITRUST. This collaboration introduces an exclusive cyber...
Most insurance customers expect faster claims processing: Sollers Consulting
Posted: May 17, 2024
Insurers expected to intensify claims automation efforts as customers consider quick claims processi...