Profitability was prioritized over growth, leading to flat or negative growth by design. NEP rose 8% year-over-year, but PAT (internal KPI) fell 5% and combined ratio increased to 107.2. Strong solvency and disciplined capital allocation position the company well for ongoing market challenges.

Based on

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.