The word from Westfield Specialty;
Westfield Specialty today reported gross written premium of $1.18 billion through June 30, 2026, an increase of 25% from the prior-year period. The company delivered a 94.3% combined ratio.
For the second quarter, gross written premium increased 20% year over year to $622 million, with a 93.3% combined ratio. Continued premium growth, operating leverage and disciplined expense management supported profitable underwriting amid increasingly competitive market conditions.
The Specialty U.S. platform, including Surety, generated $642 million in gross written premium, an increase of 26% year over year, and delivered a 93.7% combined ratio. Performance reflected strong new-business momentum and broad-based growth across the platform, partially offset by disciplined underwriting actions in areas experiencing more competitive market conditions. Operating leverage and focused expense management continued to support profitable growth.
Specialty International generated $540 million in gross written premium, an increase of 23% year over year, and delivered a 94.8% combined ratio. Growth reflected continued execution of the platform’s diversification strategy, investments in underwriting talent, stronger broker engagement, and increasing contributions from recently established capabilities.
Jack Kuhn, President, Westfield Specialty commented, “We are pleased with our half-year results. We continue to gain the benefits of all the investments we have made across the portfolio. These strong results are the by-product of having a broad diversified portfolio, disciplined underwriting strategies, and the continued focus on expense management.”
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