The latest results update from Westfield Specialty;
Westfield Specialty’s gross written premium (GWP) climbed to $1.4bn in the first nine months of 2025, with a strong combined ratio of 89.9%, and underwriting income of $92 million pushing the business considerably ahead of planned results. This success has been driven by an increased emphasis on diversifying Westfield’s Specialty’s underwriting lines and appetite, including renewal rights transactions, as well as expansion both through new and existing underwriting teams in the first half of 2025; those teams are now delivering excellent organic GWP growth.
The $1.4bn GWP splits almost evenly across regions, with 53% of GWP coming from the US business and 47% from Westfield Specialty’s international operation, headquartered in London. The US produced $755mn in GWP with an 89.4% CR and International delivered $674mn in GWP with a 90.3% CR.
Jack Kuhn, President of Westfield Specialty, commented: “Our financial results so far this year underscore the effectiveness of our long-term sustainable growth strategy. Ongoing investments in the UK, US and Dubai have yielded strong results, and we remain committed to seeking new opportunities that enable us to further diversify our portfolio and support profitable growth. In a year that has also seen us undertake a successful leadership transition in the international business, I am particularly delighted by the results that we continue to see delivered by the London and Middle East teams.”
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