Savvy Trades and Investments

[nelson1234]

wade, if y ou con=onsider the 'additional service income' related to Hurricane Irma a one time item, which I certainly do....it looks to me like the one timers wash each other out almost exactly.

"The current quarter includes a $9.2 million (5.0 points) loss and LAE benefit from Hurricane Irma due to reinsurance recoveries recognized during the quarter, and approximately $35.0 million (19.1 points) of estimated pretax profit relating to additional income generated by our service company subsidiaries following the storm. The current quarter also includes $26.2 million (14.3 points) of prior accident year reserve strengthening and $18.3 million (9.9 points) of current accident year reserve strengthening."

$9.2 and $35.0 benefit = $44.2
and
$26.2 and $18.3 added expense = $44.5