Actually, for once the news on this part of the business is encouraging. The combined ratio this year is a little over 100%, but it would have been profitable except for reserve strengthening for losses incurred before the new guy took over. So they could be quietly turning the corner here.
I disagree. Casualty is where the mess has been and those are longer tail lines that take a longer time to really see what ultimate losses are. A poorly written book could well be giving AHL some more heartburn even 3 or 4 years later. Fortunately, this is a small book of business.