Operational Update – The Conventional Insurance business experienced growth in gross written premiums, while the Specialist Solutions business recorded strong growth in liability, marine, aviation, and travel sectors. MiWay’s premium growth was subdued but progress is being made with strategic growth initiatives. Underwriting conditions were impacted by adverse weather and power surge claims, affecting profitability. The ART business segment reported strong results, and progress is being made in finalizing Contingent Business Interruption claims. Results are expected on the 31st August.
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