Home›Insurance›Reinsurance›Ki reports improved underwriting and 22% higher H1 adj…

Ki reports improved underwriting and 22% higher H1 adjusted profit

For the six months ended June 30, 2026, Ki cut its adjusted undiscounted combined ratio to 85.4% and lifted total gross managed premium by 5.4% to $804.4 million.

Reported · Written up by our desk · Reinsurance

Ki, the algorithmically driven follow-only reinsurance syndicate operating in Lloyd’s, reported improved underwriting performance for the six months ended June 30, 2026, alongside higher profit and premium growth, according to Reinsurance News.

The company said its adjusted undiscounted combined ratio fell to 85.4% for H1 2026, improving from 92.6% in the same period last year. It also reported an undiscounted combined ratio of 88.2%, down from 95.9% a year earlier, and a discounted combined ratio of 75.6% versus 73.8% in H1 2025.

Ki reported adjusted profit before tax rose 22% to $75.6 million from $62.1 million in the first half of 2025. The adjusted figures exclude non-recurring costs linked to establishing Ki as a standalone entity within the Fairfax Group, the outlet said.

On distribution and capacity, Ki increased total gross managed premium by 5.4% to $804.4 million from $762.9 million a year earlier, and said it added Tokio Marine Kiln as its fifth capacity partner, expanding access to capacity from six Lloyd’s syndicates through the platform.

More like this

Sources