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GWP increased 24% year on year at the Asta-managed syndicate.
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The combined ratio improved by 3.2 points, from 80.9% in 2023 to 77.7% in 2024.
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In the first part of this series, we explore how smart-followers are mixing up their strategies.
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The company booked profit for the year of £247mn, up 20% on the prior year.
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Larger companies ranked regulatory breach as their top risk.
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Standfirst: The syndicate reported a strong turnaround despite exposure to major claims.
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Experts at Insider Progress shared tried-and-true methods to get women into boardrooms.
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Plus, the latest people moves and all the top news of the week.
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Ki cut its top line by 8.7%, while Beazley’s smart-tracker expanded to $481mn.
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Results were impacted by prior year reserving and an unwind of intragroup reinsurance recoveries.
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Most of the market’s largest syndicates kept their CoRs below 90% as prices remained adequate.
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The executive said the market would be updated on progress in late April.