The reinsurance section, comprising 34% of the corporate’s gross written premiums, reported a 43.7% improve in gross written premiums to US$70.0 million, from US$48.7 million a yr earlier. Internet premiums earned elevated to US$24.9 million from US$16.8 million. Underwriting earnings rose to US$10.4 million, in comparison with US$6.8 million within the first quarter of 2024. The outcome was pushed by the upper stage of internet premiums earned, partially offset by elevated internet loss and loss adjustment bills, together with disaster losses.
