A balanced business achieving sustainable growth
| 2020 $m |
2019 $m |
2018 $m |
2017 $m |
2016 $m |
|
|---|---|---|---|---|---|
| Results | |||||
| Gross premiums written | 4,033.1 | 4,030.7 | 3,778.3 | 3,286.0 | 3,257.9 |
| Net premiums written | 2,750.4 | 2,678.8 | 2,581.5 | 2,403.0 | 2,424.5 |
| Net premiums earned | 2,752.2 | 2,635.6 | 2,573.6 | 2,416.2 | 2,271.3 |
| (Loss)/profit before tax | (268.5) | 53.1 | 135.6 | 37.8 | 480.0 |
| (Loss)/profit for the year after tax | (293.7) | 48.9 | 117.9 | 22.7 | 447.2 |
| 2020 $m |
2019 $m |
2018 $m |
2017 $m |
2016 $m |
|
|---|---|---|---|---|---|
| Assets employed | |||||
| Intangible assets | 298.9 | 278.0 | 204.6 | 186.0 | 153.4 |
| Financial assets carried at fair value | 6,116.8 | 5,539.0 | 5,029.7 | 5,139.6 | 4,702.1 |
| Cash and cash equivalents | 1,577.2 | 1,115.9 | 1,288.8 | 867.8 | 824.4 |
| Insurance liabilities and reinsurance assets | (5,468.8) | (4,707.6) | (4,244.9) | (4,174.4) | (3,778.7) |
| Other net assets | (170.2) | (35.6) | (19.2) | 298.2 | 316.2 |
| Net assets | 2,353.9 | 2,189.7 | 2,259.0 | 2,317.2 | 2,217.4 |
| Net asset value per share (¢) | 689.0 | 768.2 | 798.6 | 817.1 | 792.5 |
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Key statistics | |||||
| Basic (loss)/earnings per share (¢) | (91.6) | 17.2 | 41.6 | 8.1 | 159.0 |
| Basic (loss)/earnings per share (p) | (71.5) | 13.5 | 31.2 | 9.3 | 119.8 |
| Diluted (loss)/earnings per share (¢) | (90.6) | 16.9 | 40.8 | 11.6 | 157.3 |
| Diluted (loss)/earnings per share (p) | (70.7) | 13.3 | 30.6 | 9.0 | 116.0 |
| Combined ratio (%) | 114.5 | 106.8 | 94.9 | 99.9 | 84.2 |
| Return on equity (%) | (11.8) | 2.2 | 5.3 | 1.0 | 22.5 |
| Dividends per share (¢) | - | 13.8 | 41.9 | 39.8 | 35.0 |
| Dividends per share (p) | - | 11.1 | 32.8 | 29.0 | 27.5 |
| Share price – high (p) | 1,006.5 | 1,777.0 | 1,711.0 | 1,470.0 | 1,097.0 |
| Share price – low (p) | 991.4 | 1,213.0 | 1,332.0 | 997.5 | 900.5 |
Our financial performance over the last five years.
