Westfield Specialty premiums rise 27% to $1.82 billion

Westfield Specialty  reported gross written premium of $1.82 billion for the first nine months of 2026, up 27.2% from $1.43 billion a year earlier and ahead of company forecasts.

Underwriting income totaled $77.9 million, with a combined ratio of 93.2%.

The US Specialty business generated $951 million in gross written premium, up 25.9%, with a combined ratio of 93.5%. Westfield Specialty International, headquartered in London, produced $867 million in premium, up 28.8%, with a combined ratio of 93%.

The company has been expanding its insurance and reinsurance capabilities across both platforms, including recent additions in power and renewables, cyber and inland marine.

Westfield Specialty launched in 2021 and expanded internationally through the acquisition of Lloyd’s Syndicate 1200 from Argo in February 2023. It operates across the US, London, Dubai and Luxembourg.