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.

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

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