Gard results

Gard has announced the second-best annual results in its 117-year history, showcasing record levels of premium income, a robust insurance performance and positive investment returns. Key highlights include gross written premium of US$1,183 million; a combined ratio net of 93 per cent; insurance (technical) result of $67 million; investment (non-technical) result of $161 million; profit after tax of $236 million; and equity of $1,471 million (all income and result figures are on an Estimated Total Call basis).