Brit to close inland marine, yacht and LatAm operations in the US   
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Brit to close inland marine, yacht and LatAm operations in the US   

Aerial view of super yachts in harbor on the Mediterranean coast

Brit Global Specialty USA (BGSU) has withdrawn from inland marine, yacht and Latin American business, The Insurance Insider can reveal. 

Market sources said the closures came after the US operation reported a combined ratio of 119 percent for the second quarter of 2019.

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