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Pennsylvania-based carrier Global Indemnity’s loss ratio last year was higher than expected, driven by reserve strengthening in 2019-2022 casualty business and higher losses in the New York habitational book, CEO Joseph Brown said.
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Pennsylvania-based carrier Global Indemnity’s loss ratio last year was higher than expected, driven by reserve strengthening in 2019-2022 casualty business and higher losses in the New York habitational book, CEO Joseph Brown said.
On