Mercury General shocks analysts again with Q1 operating loss
Mercury General has again surprised analysts after posting a big earnings miss for the second successive quarter as the carrier’s Q1 2022 combined ratio increased 16 points year on year partly due to $53mn of unfavorable development on prior accident years’ loss and loss adjustment expense reserves.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below