Atrium 609 almost doubles Russia-Ukraine reserves and keeps 2021 YoA open over loss uncertainty
Published: Thu 28 Mar 2024
Atrium Syndicate 609’s combined ratio deteriorated by 8 percentage points year on year to 97 percent in 2023 after its ultimate gross reserves for the Russia-Ukraine conflict, including the complicated aircraft lessor disputes, almost doubled to £264.5mn ($333.9mn).