Westfield Specialty, a global specialty insurance carrier, has reported gross written premiums (GWP) of $1.82 billion for the first nine months of 2026, up 27.2% from $1.43 billion in the same period a year earlier and ahead of company forecasts.
Of the total GWP, 52% was generated by its US Specialty business, while the remaining 48% came from Westfield Specialty’s International operation, which is headquartered in London.
US Specialty generated $951 million in GWP, an increase of 25.9%, and recorded a combined ratio of 93.5%.
Westfield Specialty International generated $867 million in GWP, an increase of 28.8%, and recorded a combined ratio of 93.0%.
In 9M’26, Westfield Specialty reported underwriting income of $77.9 million and a combined ratio of 93.2%.
Westfield Specialty said its results reflect its focus on underwriting discipline, profitable growth and diversification.
The business continues building out its capabilities across both insurance and reinsurance and broadening its product range across its US and International platforms, most recently expanding into power and renewables, cyber and inland marine.
Jack Kuhn, President of Westfield Specialty, said, “Our strong financial results for the first nine months of this year demonstrate the benefit of our focus on underwriting discipline, profitable growth and service excellence. The fact that we are ahead of our financial targets in this changing market underscores the success of our diversified underwriting strategy.
“Building on our existing operations in the US, UK, Dubai and now our expansion into Europe has enabled us to optimise our distribution channels to provide greater flexibility to our brokers and agents. A key driver to our success will be Westfield Specialty’s continued ability to attract and retain the best talent in the market. With a deep bench of expertise available to our clients and broker partners we are able to strengthen our relationships.”
