Jubilee General Insurance Company has a history of strong earnings, with a five-year (2019-2023) weighted average return on equity of 17.6%, notes AM Best.
The insurer’s underwriting performance has been resilient over this period, with a weighted average combined ratio of 93.9%.
Investment returns remain the core driver of operating performance, with Jubilee generating a weighted average net investment yield, including capital gains, of 12.3% between 2019 and 2023,…
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