Insurance
Home›Insurance›Industry & Deals›Westfield Specialty lifts 2026 H1 premium and improves…
Westfield Specialty lifts 2026 H1 premium and improves combined ratio
Second-quarter gross written premium rose 20% year over year to $622 million, while the quarter combined ratio improved to 93.3%.
Westfield Specialty reported gross written premium of $1.18 billion for the first half of 2026, up 25% from the same period a year earlier, with a 94.3% combined ratio, according to Insurance Business. The insurer said its underwriting performance improved alongside premium growth.
In the second quarter, Westfield Specialty’s premium increased 20% year over year to $622 million, and its combined ratio improved to 93.3% for the quarter. For the first quarter, premium was $559 million, up 31% year over year, with a 95.7% combined ratio, meaning the carrier improved more than two points from Q1 to Q2 while still growing at a double-digit pace.
By platform, Westfield Specialty’s Specialty US unit, which includes its Surety business, generated $642 million in gross written premium for the half, up 26%, with a 93.7% combined ratio. Specialty International contributed $540 million, up 23%, with a 94.8% combined ratio, as the company tied US growth to new business momentum and broader product expansion, and international growth to diversification, underwriting talent investment, stronger broker relationships, and contributions from newer capabilities.
Westfield Specialty said the growth rate built through the year rather than simply holding steady, crediting results to the breadth of its underwriting portfolio, underwriting discipline, and expense management. The article also noted the company’s performance against peers, including that Kinsale Capital Group reported first-half premium of $1.01 billion, down 2.9% year over year, citing a 30.9% decline in its commercial property division amid intensifying competition.