(U.S. $ in Millions) |
|
Year Ended
December 31, 2023 |
Year Ended
December 31, 2022 |
U.S. GAAP Basis: | |||
Total Assets | $ 20,960.5 | $ 19,325.9 | |
Total Equity | 5,963.4 | 5,301.5 | |
Gross Premiums Written | 6,586.7 | 6,810.0 | |
Net Income | 982.0 | 165.5 | |
Combined Ratio | 93.9% | 95.9% | |
Growth in Equity 1 | 19.8% | 4.0% | |
Debt to Total Capital | 0.0% | 0.0% |
U.S. Statutory Basis | |||
Statutory Surplus | $ 4,976.6 | $ 4,269.5 | |
Net Premiums Written to Statutory Surplus | 1.2:1 | 1.4:1 | |
1 Excludes the impact on equity of dividends and capital items. |
Gross Premiums Written
$6,587 Million for the Year Ended December 31, 2023
Gross Premiums Written by Major Class
$6,587 Million for the Year Ended December 31, 2023
Gross Premiums Written by US/Non-US
$6,587 Million for the Year Ended December 31, 2023
Gross Premiums Written by Brand
$6,587 Million for the Year Ended December 31, 2023
Investment Portfolio
Total Investments & Cash of $15.1 Billion at December 31, 2023
- High-quality portfolio with ample liquidity
- 94% of fixed income securities rated investment grade