Insight and Intelligence on the London & International Insurance Markets

20 April 2018

Search archive

Securis SPA records 180% combined ratio

Lucy Jones 10 April 2018

Securis-backed Special Purpose Arrangement (SPA) 6129 made a loss of £31.4mn ($44.2mn) in 2017 following the year's major catastrophe losses, as its combined ratio spiked to 180.4 percent.

This was the highest combined ratio of the three ILS-backed Lloyd's syndicates and was up from 114.1 percent in the previous year.

Nephila's Syndicate 2357 and the Arcus syndicate backed by Credit Suisse posted combined ratios of 167 percent and 111.7 percent, respectively.

Both the Securis vehicle and Nephila's syndicate feature significant...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership

This article was published as part of issue April 2018/2

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.