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results. of to and morning, core quarter now our on This XX.X%. we income $XXX return turn I'll equity of first million reported core
level to and As shortly. losses were year, adversely related pandemic, both the charges for higher by of a of which to Dan the results compared the prior quarter address impacted will catastrophe the
$XX billion million was earned ratio, underlying in to underlying underwriting income charges. from improved and record net combined of premium quarter Our of quarter $X.X XX.X%, pretax than the benefiting COVID-XX-related higher which an the first despite prior year,
of after-tax. million Our net high-quality well, investment investment performed $XXX income portfolio generating
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up the retention Domestic increased business again, pandemic, at premium production including on X.X%, of significant change wasn't impact was X%. of very renewal strong and the COVID-XX the rate Renewal while quarter. rate Net premiums X.X%. and Given generally for of renewal sequentially change insurance written remained strong. the was timing both change year-over-year,
by liability Renewal XX%. In premium points Liability year & lines Insurance, more business strong to segments, X%, increased net Bond In production retention domestic premiums was premiums businesses. increased and quarter, are than historically strong our Insurance, Agency both remained all with will Homeowners our by Auto net up written target the change Agency while Specialty growth high benefiting our continue written X.X%, at XX%, of both X%, management our Personal from X pleased Across execute Surety in our with and with X with we meet in results, over to prior we Management returns. up XX% up and production.
from You'll hear Greg, our results. more shortly and about Tom Michael segment
I'll count to our for as operate saying other uncertainty. on through uncertainty, close financial many this consistent of years that our long-term and in can by with us challenging continue moment we to of strategy stakeholders periods have
shareholder extraordinary meaningful times processes value management time. procedures, to and risk financial to importantly, to these manage over continue strength the and technology, deliver through and talent, the have We
over with the I'll And call Dan. turn to that,
