US EditionEcho Re’s GWP grows 7.3% in 2024
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Echo Re’s GWP grows 7.3% in 2024
Echo Reinsurance Limited (Echo Re), a Swiss-based reinsurer, reported gross written premiums of $482 million in its full-year 2024 results, marking a 7.3% increase from $449 million in 2023. In light of the solid premium growth in 2024, Property made up 40% of Echo Re’s portfolio composition for the year. In terms of geographical split, Asia made up 61% of GWP. The company posted a profit after tax of $24 million, down from $30 million the previ…
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