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Brit Re expands third-party reinsurance, lifting H1 2026 premiums
Third-party written premiums surged 69.8% to $150.6 million in H1 2026 as Brit Re increased Property D&F writing in the US and Global segments.
Brit reported that insurance premiums written rose 4.4% to $1.77 billion in the first half of 2026, with growth largely driven by its Brit Re third-party reinsurance platform expansion, according to Reinsurance News.
The outlet said Brit Re’s third-party written premiums climbed 69.8% to $150.6 million in H1 2026. In January, Brit Re began writing Property D&F covering US and Global property, with a focus on US-based complex risks.
Brit also reported improved underwriting results alongside the premium growth. Its profit before tax increased to $326.8 million in H1 2026 from $307.7 million a year earlier, while the undiscounted combined ratio improved to 89.5% from 95.2%, and the discounted combined ratio strengthened to 83.9% from 87.4%.
On capital and investment performance, Brit said its capital ratio rose to 197.9% at June 30, 2026, from 175.2% at end-2025. Reinsurance News added that Brit’s non-annualised return on invested assets moderated to 3.2% from 4.7% in the prior-year period.