I noticed in the previous earnings press release a combined ratio of around 1.40. Anyone besides me expecting this to improve for the latest quarter? If this combined (expenses/claim $'s) could drop to say under 1.25, this would speak volumes on the direction TWK is headed with their restructuring expense controls and re-underwriting efforts for the better book of business.
lol. Wish I could remember. Been out of the biz since 97' after 20+ years. I was on the marketing/underwriting side and just read the acturarial numbers. Bottom line is if the claims and expense reductions improved during the past quarter and some of the old claim stuff fell off, then the combined should show some improvement. Not sure whether putting an increase $ amount in surplus would affect the combined or not.