QBE Syndicate 2999 Annual Report and Accounts 2009
QBE Syndicate 2999 Annual Report and Accounts 2009
QBE Syndicate 2999 Annual Report and Accounts 2009
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<strong>QBE</strong> <strong>Syndicate</strong> <strong>2999</strong> highlights<br />
<strong>QBE</strong> <strong>Syndicate</strong> <strong>2999</strong> has delivered another<br />
strong result in the face of challenging<br />
market conditions <strong>and</strong> absence of significant<br />
catastrophe losses.<br />
Gross written premium (GWP) £million<br />
09<br />
08<br />
Net earned premium (NEP) £million<br />
09<br />
08<br />
09<br />
08<br />
Combined operating ratio (COR) %<br />
09<br />
08<br />
117<br />
852<br />
588<br />
Net underwriting profit (NUP) £million<br />
1,040<br />
728<br />
174<br />
85.9<br />
79.7<br />
GWP : £1,040m : +22%<br />
NEP : £728m : +24%<br />
NUP : £174m : +49%<br />
COR : 85.9%<br />
01<br />
<strong>QBE</strong> <strong>Syndicate</strong> <strong>2999</strong><br />
<strong>Annual</strong> report <strong>2009</strong>
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