Brit-owned Ki doubles GWP in second year of trading to almost £700m
The Brit-owned algorithmically driven Lloyd’s syndicate Ki has more than doubled its gross written premium to $834.1m (£698.6m) in 2022 – its second year of trading, reporting a combined operating ratio of 99.4%.
In its 2022 full-year trading results released today, Brit said that, at a constant FX rate, it represented an increase of 115.4%.
Brit added: “Against the backdrop of a challenging year with multiple catastrophic events around the globe, Ki’s full-year 2022 performance is especially pleasing and demonstrates strong control over catastrophe risk.
115.4%In its 2022 full-year trading results, Brit said that, at a constant FX rate, it represented an increase of 115.4%
“[This result]
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