Newpoint Re’s premiums jump 60%

Saint Kitts and Nevis-based Newpoint Reinsurance Company Ltd. reported that written premiums surged to $400 million in 2024 from $249 million the year prior, Reinsurance News reported. Net income doubled to $8 million in 2024, up from $4 million in 2023. The firm maintained a combined ratio of 85%.