Greenlight Re’s Q2 CR worsens to 99.8% on SCS losses from run-off contract

Cayman Islands-based reinsurer Greenlight Re has reported a 3.6 percent deterioration in its Q2 combined ratio to 99.8 percent, with severe convective storm losses from a run-off contract accounting for 8.4 points, while gross premiums written increased 9.1 percent to $154.9mn.

 

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