| Losses and related expenses (2) |
|
| Loss and loss adjustment expense (LAE) ratio |
78.2% |
| Incurred losses |
68.0 |
| Defense and cost containment expenses incurred |
2.3 |
| Adjusting and other expenses incurred |
7.8 |
| Operating expenses (3) |
|
| Expense ratio |
23.1% |
| Net commissions and brokerage expenses incurred |
8.4 |
| Taxes, licenses and fees |
2.1 |
| Other acquisition and field supervision expenses incurred |
7.4 |
| General expenses incurred |
5.1 |
| Dividends to policyholders (2) |
0.7% |
| Combined ratio afterr dividends (4) |
101.9% |