Universal Q3 CR up 6.2 points YoY to 116.9% driven by Helene impact

Universal’s Q3 2024 combined ratio deteriorated by 6.2 points to 116.9 percent on the back of a 4.7 point increase in its net loss ratio to 91.7 percent, with the rise primarily driven by the impact of Hurricane Helene on its book.

 

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