(U.S. $ in Millions)  

 

Year Ended

December 31, 2022

Year Ended

December 31, 2021

U.S. GAAP Basis:
Total Assets $ 19,325.9 $ 17,050.6
Total Equity 5,301.5 5,220.3
Gross Premiums Written 6,810.0 5,746.3
Net Income 165.5 543.7
Combined Ratio 95.9% 97.6%
Growth in Equity 1 4.0% 12.4%
Debt to Total Capital 0.0% 0.0%
U.S. Statutory Basis
Statutory Surplus $  4,269.5 $  4,003.8
Net Premiums Written to Statutory Surplus 1.4:1 1.2:1
1 Excludes the impact on equity of dividends and capital items.

 

Gross Premiums Written

$6,810.0 Million for the Year Ended December 31, 2022

Gross Premiums Written by Major Class

$6,810.0 Million for the Year Ended December 31, 2022

Gross Premiums Written by US/Non-US

$6,810.0 Million for the Year Ended December 31, 2022

Gross Premiums Written by Brand

$6,810.0 Million for the Year Ended December 31, 2022

Investment Portfolio

Total Investments & Cash of $13.3 Billion at December 31, 2022

  • High-quality portfolio with ample liquidity
  • 94% of fixed income securities rated investment grade