• Net premiums earned rose by 6% for 9M 21.
• Net result was a profit of $1.26bn for 9M 21 compared to a loss of $691m for 9M 20.
• COVID-19-related claims and reserves declined from $3.0bn for 9M 20 to $1.27bn for 9M 21.
• Net income of $212m for Q3 21 was above consensus expectations of a loss of $81m.
29 Oct 2021
Good 9M 21 figures still burdened by (lower) COVID-19 claims
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Good 9M 21 figures still burdened by (lower) COVID-19 claims
• Net premiums earned rose by 6% for 9M 21.
• Net result was a profit of $1.26bn for 9M 21 compared to a loss of $691m for 9M 20.
• COVID-19-related claims and reserves declined from $3.0bn for 9M 20 to $1.27bn for 9M 21.
• Net income of $212m for Q3 21 was above consensus expectations of a loss of $81m.