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Syndicate Results

Syndicate 382's average return on underwriting capacity since 1975 has been 16.20%.

On net written premiums, the average return over the same period was 26.6%.

The Syndicate has outperformed Lloyd's over each of the last four underwriting cycles. Please click the image to the left for details.


The graph to the right shows how the syndicate responded to the poor rating environment. In, for example, 1998 and 1999, rating levels led to the Syndicate reheating from large volumes of business. This disciplined underwriting approach has helped maintain profits throughout the underwriting cycle, even when volumes have fallen.

Underwriting Performance

Hardy has effectively managed and utilised capacity in line with the underwriting cycle. This protects Hardy's capital and ensures security for insureds and reinsureds as well as investors.

Press Releases: 20/10/14: Hardy builds Property and Engineering capability with the hire of two new Senior Underwriters  |  04/09/14: Hardy Appoints Two New Underwriting Experts to Drive Engineering Business in Asia  |  12/08/14: Tom Motamed Appointed Chairman of CNA Europe Board Of Directors  |  07/08/14: David Brosnan Appointed Chief Executive of CNA Europe  |  07/08/14: John Hennessy Appointed President and COO of CNA Canada  |  02/07/14: Hardy Appoints Anna Maria D'Hulster as Non-Executive Director  |  14/05/14: Hardy appoints new Head of Casualty Underwriting  |  19/02/14: Hardy Appoints David Brosnan Chief Executive  |  19/12/13: Hardy Appoints David Stevens Director to Board and Chief Financial Officer  |  21/10/13: Hardy makes senior appointment to its property treaty business  |