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Live News EQUITY FLASH L impact

Alm. Brand sees annual major claims at about 6% of premium income

Alm. Brand flagged expected annual major claims near 6% of premium income, rising to about 10% for Commercial Lines, with weather-related claims at 3%-4% and about 25% typically occurring in Q3. Q2 insurance revenue rose 1.7% year on year, driven by 5.2% Personal Lines growth; Commercial Lines fell 2.3%.

ALMB.CO