Record Profits for Second Consecutive Year
Achieved record profits of over $1.4 billion, allowing a $700 million return to shareholders through dividends and a share buyback program.
Strong Combined Ratio
Delivered an undiscounted combined ratio of 79%, within the provided guidance of around 80%.
Growth in Property Insurance
Property team led with a 26% increase in insurance written premium, following a 64% growth in the previous year.
Cyber Division Innovations
Sponsored new cyber Cat bonds and launched Quantum consortium, enabling a $100 million primary line size.
Investment Success
Investments delivered a strong return of $574.4 million, marking a 20% increase over the prior year.
Strong Capital Position
Finished the year with a solvency capital ratio of 302% before distributions, indicating a robust capital position.