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No. of Recommendations: 5
The combined ratio was 118% for the first quarter of 2020, or 94% after excluding $325 million of underwriting loss attributed to the COVID-19 pandemic, which added 24 points to the combined ratio. This compares to a combined ratio of 95% for the first quarter of 2019. Book value per common share outstanding was $705.68 at March 31, 2020, down 12% from $802.59 at December 31, 2019.


https://mklstatic01.azureedge.net/~/media/news/2020-04-28-q1...
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