Kingstone attributes underwriting loss to “difficult” winter

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Reinsurance News - May 12, 2023

P&C insurance holding company Kingstone Companies has reported a net loss of $5.1 million for the first quarter of 2023 on a combined ratio of 123.3%, which it attributes to a “difficult northeast winter.” This compares with a net loss of $9.2 million on a combined ratio of 124.5% for the same p...

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