Reinsurance Track Record

This is the track record of the senior underwriting team behind ONyc prior to joining OnRe. This is presented to showcase the mechanics of a mature reinsurance portfolio. It is not indicative of present or future ONyc performance, but does highlight the strategy we are building at OnRe as we scale

Metric
2013
2014
2015
2016
2017
2018
2019
2020

Written Premium (net of brokerage)

$48.54M

$62.32M

$67.18M

$70.53M

$80.27M

$84.70M

$87.00M

$98.00M

P/L Percentage

59.41%

22.34%

70.38%

59.88%

55.77%

39.67%

16.90%

69.69%

Gross Underwriting Profit

$28.84M

$13.92M

$47.28M

$42.23M

$44.77M

$33.60M

$14.70M

$68.30M

Reinsurance Cost

($4.85M)

($0.03M)

($6.72M)

($7.05M)

($8.03M)

($0.92M)

$9.45M

($9.80M)

Business Expenses

($7.50M)

($7.50M)

($7.50M)

($7.50M)

($7.50M)

($7.50M)

($7.50M)

($7.50M)

Total Investment Income

$1.98M

$2.55M

$2.74M

$2.88M

$3.28M

$3.46M

$3.55M

$4.00M

Net Income

$18.46M

$8.94M

$35.81M

$30.56M

$32.52M

$28.64M

$20.20M

$55.00M

Return on Capital

66.58%

25.09%

93.27%

75.83%

70.91%

59.17%

40.64%

98.22%

Last updated