Hardy Underwriting Group's profits doubled to £6.7m last year from £3.2m in 2001.
The Lloyd's operator hit a combined ratio of 81.8% and raised its dividend to 7.25p from 6.5p.
The company pulled back from writing all the business it had wanted because prices for airline cover, in particular, fell too low.
Chief executive Barbara Merry said competition from Bermuda was pushing down volumes of business, particularly for non-marine catastrophe excess of loss.
She said: "Rates have been fairly well maintained, but the volume of business coming into London has reduced quite a lot."
And the outlook for the aviation book was "outstanding ", Merry said.
Hardy wrote gross premiums of £46.8min2002comparedto£32.2min2001.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
