Brit Group Holdings Limited has reported insurance premiums of $1,692.2m for the six months to 30th June 2025. It said this was up by 8.3% on the same period last year. The carrier said its profit before tax had nudged up from $301.3m (H1 2024) to $307.7m (H1 2025). However, the results showed its undiscounted combined ratio had deteriorated from 80.3% (H1 2024) to 95.2% (H1 2025).

Martin Thompson, group CEO of Brit, said: “In the first half of 2025, Brit's profit before tax increased to $307.7m, reflecting a positive underwriting result and a strong investment performance.

“Against a backdrop of significantly increased major loss activity and more challenging market conditions, our insurance service result of $138.1m and our undiscounted combined ratio of 95.2% demonstrate our underwriting discipline and our focus on areas in which we can deliver differentiated performance.”

Thompson said the business remained focused on its four strategic pillar of focus, capability, simplification and culture.