The bank also reported an increase in its insurance segment profits.

However, application activity is up year-to-date.

The company reported an increase in direct written premiums for both the third quarter and the first nine months of 2024…

Two percentage point decrease breaks upward trend set over the previous seven quarters.

The company posted a loss in the third quarter of 2023.

Catastrophe losses in the summer of 2024 had an impact on general insurance results in the third quarter.

For the same quarter in 2023, the company reported a loss.