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I'd like some euros http://al4a.fun/al4avideos/ www.al4a.com Improvements in the loss ratio (2012: 75.4%, 2011: 78.1%) and expense ratio (2012: 44.3%, 2011:50.8%) resulted in a drop of the combined ratio to 128.3% (2011: 136.6%). Nevertheless, this is still high compared with an industry average of 105%. Management intends to concentrate on group-related businesses to reduce the loss ratio. Fitch expects improvements in the combined ratio to be slow given its rapid business growth and intense price competition in the non-life business.
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 Author: Eduardo
Date: 5/31/2019 |
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