IQUW books 93% combined ratio for revamped 1856 portfolio
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IQUW books 93% combined ratio for revamped 1856 portfolio

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IQUW reported a combined ratio of 93% for the repositioned Syndicate 1856 portfolio in 2021, with a calendar-year combined ratio of 108% that bakes in the results on old years that will be absorbed by other backers.

The 93% figure is the 2021 year of account result’s contribution to the 2021 calendar year and represents the result that will be taken by 1856’s new backers Aquiline and Abry.

IQUW

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