Insurers Hiscox Ltd., Beazley Plc and Catlin Group Ltd. are reaping the benefits of the U.S. market, according to a report from SNL Financial.
SNL data shows how the three companies with significant participation in the Lloyd’s of London market have developed their direct premium written through their U.S. subsidiaries since 2008. Catlin has enjoyed particularly rapid growth, with premium totaling $742.7 million in 2013, up from $142.9 million in 2008. In 2009, it grew by 127.8 percent year over year.
The full SNL report also provides insights in to their future success.