Continuity in an uncertain world
Simon Beale
Simon Beale - Divisional Underwriter
Classes
Bloodstock
Cargo
Marine energy
Hull
Marine liability
Specie
War
Yacht

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MARINE
Key Stats
  • 17% of gross premiums written


  • 4,000 risks underwritten in 2003


  • Average line size in 2003 of £2.5 million


  • Average rate change on renewals in 2003 of 7.8%



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* Gross incurred loss ratio represents the sum of paid and notified claims before deduction of reinsurance recoveries expressed as a percentage of premium before deduction of reinsurance purchases.
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