this return. had key good normal and investment loss higher a value I'm our in operator you, classes, contribution as quarter, X.X%. from positive morning resulted We Thank which of than several as positive pleased well activity everyone. with in performance a growth despite book underwriting
In on natural saw activity in Hurricane quarter much the high with a were the which and we third larger side, loss the Typhoon Faxai level followed catastrophe of by Dorian, Hagibis. October Typhoon
be impact As adjustment Faxai, with loss expect complicated magnified process largely will of be will both that and overlapped Hagibis' typhoons. more the that geographic we for surge the demand
customers equated Our an us loss To-date, estimated the to information third from a Typhoon our additional Hagibis. loss X.X our not and from to quarter Faxai on our meaningful estimate ratio. is losses reported of sufficient for Dorian points by
losses. the catastrophe of third year significant successive natural is XXXX
We and have of surprising of seen in falling Atlantic typhoons a Japan. number quiet a the hurricanes after land reemergence decade, North
plan overall, net for particularly participate to expect for to not We And cat we the buyer cap a raise to writer, in price increase continue Japan. as retro.
large We also saw in occurring losses two third satellite activity the in with a loss business, quarter. our
to with portfolio have before launch rates in short We that for underwriting our signs several a and very term. class expect I the discussed rebalancing failures process rates and quickly early like this may respond activity. efforts market these to continues. times in the directly We response that our double the strong last reason
reduced we counterparty exposure non-standard quarter book. auto and Florida-specific third certain risks in our the to During our
other base programs. outlook have in positive a our expanded have from states healthy positions a and continued in Race to has this in XXXX. continue we And in to improve class. XXXX However, we
call to review. to provide the brief our over turn update David, like a Before I strategic on I'd
had As have you any Board Suisse will course that but formalized recall, the assist to in potential in we timetable company, company selected variety time, of the review. alternatives. action, we a August, the announced the for strategic not options Since evaluating particular nor have engaged Credit that have complete identified of we to and our we
continue. have of investment derisking capital portfolio preserve maximize steps our to implemented to efforts shareholders designed our We course and value for including our
process. is developments we However, until to further disclosure intend not we determine do to respect appropriate, that the discuss with
over I'll to David. Now hand