Westfield Specialty Reports 27% Year-to-Date Growth in Gross Written Premium
Westfield Specialty has reported a significant increase in gross written premium (GWP), reaching $1.82 billion for the first nine months of 2026. This represents a 27.2% increase compared to the $1.43 billion recorded during the same period last year, outperforming previous company forecasts. The firm's underwriting income reached $77.9 million with a combined ratio of 93.2%, signaling strong profitability and disciplined underwriting. The growth was driven by balanced performance across both US Specialty (52% of GWP) and International operations (48% of GWP). Recent expansions into sectors such as power, renewables, cyber, and inland marine have bolstered the company's diversified strategy. The firm continues to leverage its global presence in the US, UK, Dubai, and Luxembourg to optimize distribution channels.
Topics: Gross Written Premium Insurance Performance Revenue Growth Underwriting Income