Westfield Specialty, a global specialty insurance carrier, has reported underwriting income of $87.2 million for the full year 2025 (FY’25), with a combined ratio of 93.1%.
Gross written premium (GWP) hit $1.93 billion at the end of 2025. The insurer explained that these figures mean that results came in considerably ahead of plan. In 2024, Westfield Specialty reported a premium portfolio in excess of $1.5 billion.
The FY’25 GWP split was relatively evenly across regions, with the US business contributing 55% and Westfield Specialty’s International operation, headquartered in London, adding 45%.
The US Specialty businesses produced $948 million in GWP, its surety business reported $105 million in GWP, and International businesses delivered $874 million in GWP in 2025.
This compares to the US business contributing $734 million and the International segment adding $823 million of GWP in 2024.
Jack Kuhn, President, Westfield Specialty, commented, “Westfield Specialty’s success in 2025 was driven by our ability to attract and retain the best talent in the market, supporting our philosophy of empowering underwriters to pursue new risks and broaden our portfolio.
“By investing in the UK, US and Dubai, we’ve developed strength in depth across our teams, providing best-in-class service to our clients and brokers across the board.
“The launch of our Luxembourg operation in 2026 marks our strategic expansion into Europe and demonstrates our unwavering commitment to being an agile partner to our brokers and clients, offering flexible solutions that are tailored to their needs across several geographies.”
