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Heritage sees $48.2m loss in Q3

November 9, 2022

Heritage has reported its Q3 2022 results, saying that it saw a net loss in the period of $48.2m, compared to one of $16.4m in the same three months in 2021.

Despite the losses, the firm still said that its gross written premiums had gone up 11.1% between Q3 2021 and Q3 2022, rising from $274.2m to $304.5m between the two periods. Gross premiums, it added, went up 4.6% in this time, too. Meanwhile, net earned premiums were down 1.7%.

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