Novae and Fidelis agree on US property catastrophe quota share
29-03-2017
Novae Group enjoyed substantial growth driven largely by US excess and surplus lines in the first quarter of 2017 despite exiting a number of casualty lines of business where it has deemed rates unsustainable. But it also warned that these would still hit its profitability this year.
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Novae Group, First quarter 2017 results, UK, Matthew Fosh, North America
