GWP down, surpluses reduced, combined ratio worsens
A Reinsurance Association of America (RAA) survey of 19 US property casualty reinsurers’ H1 statutory underwriting results found they wrote $12.3bn of net premiums, down from $12.8bn in 2009.
The combined ratio for the group was 98.7%, worsening from the 93.8% in 2009. The combined ratio was made up of a 68.9% loss ratio and an expense ratio of 29.8%.
Policyholders’ surplus was $99.7bn, down from the $101.3bn at March 31, 2010.
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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.
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