(U.S. $ in Millions)  

 

Year Ended

December 31, 2020

Year Ended

December 31, 2019

U.S. GAAP Basis:
Total Assets $ 14,853.1 $ 13,241.6
Total Equity 4,774.1 4,589.9
Gross Premiums Written 4,446.7 3,816.0
Net Income 260.1 405.4
Combined Ratio 95.8% 97.2%
Growth in Equity1 4.6% 9.8%
Debt to Total Capital 1.9% 1.9%
U.S. Statutory Basis
Statutory Surplus $  3,623.8 $  3,475.7
Net Premiums Written to Statutory Surplus 1.0:1 1.0:1
1 Excludes the impact on equity of dividends and capital items.

 

Gross Premiums Written

$4,446.7 Million for the Year Ended December 31, 2020

  • REINSURANCE
  • INSURANCE

Gross Premiums Written by Major Class

$4,446.7 Million for the Year Ended December 31, 2020

  • SPECIALTY
  • CASUALTY
  • PROPERTY

Gross Premiums Written by US/Non-US

$4,446.7 Million for the Year Ended December 31, 2020

  • US
  • NON-US

Gross Premiums Written by Operating Division

$4,446.7 Million for the Year Ended December 31, 2020

  • U.S. INSURANCE
  • NORTH AMERICA
  • EUROASIA
  • LONDON MARKET
  • LATIN AMERICA

Investment Portfolio

Total Investments & Cash of $10.9 Billion at December 31, 2020

  • High-quality portfolio with ample liquidity
  • 81% of fixed income securities rated investment grade
  • CASH & SHORT TERM
  • CORPORATE BONDS
  • EQUITIES
  • OTHER
  • GOVERNMENT BONDS
  • MUNICIPAL BONDS