Brit's combined ratio soars in 'very challenging' half year

Global specialty re/insurer Brit saw its combined ratio jump due to high COVID-19 related losses in a "very challenging" half year. Chief executive Matthew Wilson pointed to rate increases and withdrawal of capacity in the market from certain classes as cause for optimism going forward.

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Brit, 2020 results, Coronavirus, Insurance, Reinsurance, Matthew Wilson, UK

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Brit's combined ratio soars in 'very challenging' half year

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