Hallmark misses in Q2 as prior year reserve development pushes CR to 169%

Hallmark Financial Services recorded a big earnings miss in Q2 2022 as its combined ratio soared 62.8 points to 169.2 percent on the back of $35.6mn of unfavorable prior year loss reserve development.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com