Mount Logan loss ratio soars to 170% in Q3
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Mount Logan loss ratio soars to 170% in Q3

Mt Logan Re Bermuda logo no bar.jpg

Everest Re has reported that Mount Logan’s loss ratio grew by 50 percentage points to 170% in Q3, compared to 123% for the same three-month period last year.

Losses ceded to the collateralised sidecar rose by 93% to $170mn, against $88mn in Q3 2020, more than offsetting a $28.7mn

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