Sunday, May 10, 2015

Economical Insurance reports Q1 net income of $34.2 million, 2% increase in gross written premiums


Economical Insurance, a property and casualty insurance company in Waterloo, Ont., reported a combined ratio of 105.7% for Q1 2015, compared to the 105.5% reported in the same quarter a year ago, but also consolidated net income of $34.2 million for Q1 2015 compared to $1.0 million during the same period a year ago.

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