Endurance Specialty Holdings Ltd

Endurance Specialty Holdings Ltd

Sompo International, the global specialty provider of property and casualty insurance and reinsurance, has reported a significant boost in profits for the first nine months of the year. The company's profits soared by 600% to $384 million, thanks to rate improvement and improved profitability. During this period, Sompo International also saw a 55% increase in net premiums, reaching $5.1 billion.

One of the key factors contributing to this success was the reduction in combined ratio by 4.6 points to 94.7%. This improvement in underwriting efficiency has positively impacted Sompo International's overall performance, enabling them to achieve impressive financial results.

Endurance Specialty Holdings Ltd, a subsidiary of Sompo International, has been at the forefront of this remarkable growth. As a global provider of specialty insurance and reinsurance solutions, Endurance Specialty Holdings Ltd continues to deliver exceptional value and service to its clients, ensuring their protection against a wide range of risks.