Pelagos’ profit plunges 53%, combined ratio worsens
Bermuda-based Pelagos Insurance Capital Ltd. recorded a 53% year-on-year decline in third-quarter net income to $62 million, while the combined ratio deteriorated to 91% from last year’s 79%
Bermuda-based Pelagos Insurance Capital Ltd. recorded a 53% year-on-year decline in third-quarter net income to $62 million, while the combined ratio deteriorated to 91% from last year’s 79%
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