The combined ratio for the fourth quarter 2020 was 96.8%, compared to 101.0% for the same quarter in 2019.
Gross written premiums for the third quarter were up 36.9% year-on-year to $101.2 million. For the first nine months of 2020, GWP was $337.
The quarter also saw six mega-rounds of $100 million or more, which accounted for over two-thirds of total funding.
“We delivered an excellent second quarter,” said J. Patrick Gallagher, Jr., chairman, president and CEO.