Group financial data
Our strong financial position is grounded in our operating principles: a measured approach to risk, focus on profits rather than simply top-line growth and diversification by region and business class.
This balanced and sensible approach provides stability within a highly volatile and challenging industry.
2012 key facts (US$m)
| Gross premiums written: |
US$4,972 |
| Net premiums earned: |
US$3,604 |
| Net income before income tax: |
US$339 |
| Total assets: |
US$14,041 |
| Stockholders’ equity: |
US$3,512 |
|---|
We have provided further information with our financial statements:
2012 Balance sheet
2012 Profit and loss account
Premium volume by hub
The following graph shows how gross premiums written are split across our underwriting hubs.
Underwriting hub growth 1985 - 2012

We provide more reports on our Financial information page.