Company: Chartis Insurance
Category: Full Year
Published: 22 August 2011
Chartis UK delivered a strong performance in 2010. We wrote gross premiums (GPW) of £2.25bn, an increase of 3.7%.
Our combined ratio improved to 104.2%, compared with 105.8% in 2009. This reflected a lower loss ratio, partially offset by higher expenses as we invested in our systems, prepared for Solvency II and changed the accounting treatment of our pension liability.
Our capital position strengthened and we maintained excellent liquidity in our investment portfolio.
© Incisive Insurance Information (IP) Limited 2014, Published by Incisive Insurance Information Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 9245293 & 9245298.