Mercury General Q4 CR jumps 10.4 pts to 115.8% on inflationary trends and cat losses

Mercury General has reported a wider operating loss of $80.4mn for Q4, the result of inflationary auto trends and an increase in catastrophe losses to $40mn, with the carrier also revealing it took a further $35mn hit from California storms in January.

 

Want to read this article?

 

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

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com