Stronger underwriting across motor, fire and casualty insurance helped offset higher catastrophe losses, while overseas investment income supported earnings growth.
Higher investment income and robust life insurance results propelled shareholder profit despite mixed performance across the group's non-life businesses.
Property, cyber and D&O buyers benefited from softer pricing in Q2, while underwriters applied greater scrutiny to casualty, auto and catastrophe-prone risks.
Pecuniary loss, a class dominated by mortgage guarantee business, delivered around 63% of the onshore market's undiscounted underwriting result, while offshore ships premiums rebounded amid war-risk r...
