West reports 6.5% investment return, combined ratio of 107%, for 2019-20 policy year

Capt. John

West of England Club has released some financial details of policy year 2019-20, ahead of its full financial results for the policy year. The Free Reserve increased by more than 10% to its highest-ever level of $338.1m, from $306.4m 12 months previously. The Club generated an investment return of 6.5% ($44.9m). CEO Tom Bowsher said…

The post West reports 6.5% investment return, combined ratio of 107%, for 2019-20 policy year appeared first on Insurance Marine News.

Author: Capt. John

https://insurancemarinenews.com/insurance-marine-news/west-reports-6-5-investment-return-combined-ratio-of-107-for-2019-20-policy-year/

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