Heritage posts best CR in two years but impairment charge fuels Q4 net loss

Heritage reported a Q4 2021 combined ratio of 93.2 percent – its lowest in two years – but the improved underwriting performance was not enough to prevent the Florida-based carrier from falling to a net loss of $49.2mn driven by a goodwill write-off.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com