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...

Read Full Article

Recommended Articles

Earnix and Exavalu to bring rating flexibility and modernise pricing with partnership

Posted: May 20, 2024

Earnix, a provider of AI-based SaaS solutions, has partnered with Exavalu, an insurance digital advi...

US health insurers see revenue growth but margins face pressure in 2024: AM Best

Posted: May 20, 2024

In 2023, publicly traded health insurance companies in the US experienced continued growth, with tot...

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...