Hamilton Q3 CoR decline reflects lower cat losses, business mix transformation: CEO Albo
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Hamilton Q3 CoR decline reflects lower cat losses, business mix transformation: CEO Albo

Hamilton logo bermuda with pina albo.jpg

The nearly 30-point CoR improvement that Hamilton posted yesterday for Q3 reflected lower catastrophe losses and a portfolio transformation that the carrier has had underway since 2018, CEO Pina Albo said.

In an exclusive interview with this publication after the company’s Q3 results call today, Albo said: “[The CoR] has come down because of actions that we've taken on our portfolio to shed business that we didn't think was producing...

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