Endurance issues annual results

The company has reported total written premiums of $1.8bn (£917.5m) and a combined ratio of 79.9%, which includes 10 percentage points of favorable prior year loss reserve development.

Kenneth LeStrange, chairman and chief executive officer, said: “The past year was very successful for Endurance on many fronts. Financially, we generated record earnings driven by strong underwriting and investment results, we returned over $375m (£191.1m) of capital to our shareholders through share repurchas