Management is executing a 'business of businesses' strategy, decentralizing authority to 14 distinct P&L leaders to improve accountability and speed to market. The 21% decline in gross written premiums was a deliberate strategic choice driven by the exit from Global Reinsurance and the transition of the Hagerty program to a fronting model. Underwriting performance improved significantly, with the combined ratio dropping to 93% from 96%, aided by lower catastrophe losses and the exit of underperforming ...