SA Meacock Syndicate 727 improves combined ratio to 86.5%
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SA Meacock Syndicate 727 improves combined ratio to 86.5%

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In 2022, SA Meacock Syndicate 727 improved its combined ratio by 5.3 percentage points to 86.5% from 91.8%, as a lower expense ratio on a growing portfolio offset a slight uptick in its claims ratio.

The claims ratio rose to 54.1%, from 53.3% in 2021.

Gross written premiums increased by 33% to £122.8mn, as the syndicate took on “meaningful” premium in most of its classes of business, especially property treaty reinsurance.

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