Strong Profit Performance
Generated a profit of $503 million, significantly above consensus, with an annualized return on equity of over 18% and a combined ratio of just under 85%.
Investment Portfolio Success
Achieved an investment profit of just over $300 million, equivalent to a 5.4% annualized return, despite a volatile investment environment.
MAP Division Growth
The fastest-growing division is MAP, driven by rising demand for products such as contingency, political risks, terrorism, and war, reflecting high levels of geopolitical risk.
Cyber Portfolio Management
Cyber combined ratio stands at 82.3%, reflecting strong performance from reduced frequency and severity of claims despite competitive market conditions.