Trean Q4 CR deteriorates to 121.8% on ’21 accident year development
Trean has reported an underwriting loss and a 121.8 percent combined ratio for Q4 2022 driven by development for the 2021 accident year, while the hybrid MGA and program insurer also reported net and adjusted losses in results that included a $76.1mn non-cash impairment to goodwill.
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