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Root(ROOT) - 2023 Q2 - Earnings Call Transcript
ROOTRoot(ROOT)2023-08-03 19:17

So as we look at this, the worst case scenario for us would -- for this particular reinsurer, would be for us to exercise our right to commute the deals. And we believe that we could do that with a minimal overall impact to the financial statements given our loss ratio performance. We've got a strong balance sheet, and we're ready and able to take back this business onto our books, if necessary, which would actually further support underwriting profitability over the long term. So I would say our longer-ter ...