Brit's capital policy is set by the Board and is based on the output of the internal model which reflects the risk profile of the business. The policy requires capital to be held well in excess of regulatory minimum requirements and underpins Brit’s balance sheet strength. The policy ensures the capital adequacy of the Group, and each entity, through an efficient capital structure. The Group proactively responds to developments in the financial environment to ensure its capital strength is maintained whilst optimising risk-adjusted returns.

Brit is part of the Fairfax Group, which is a large Canadian insurance group with significant financial strength.

Brit Global Specialty solely underwrites through Brit's wholly aligned Lloyd’s Syndicate 2987, which benefits from the Lloyd's credit ratings of A (Excellent) from A.M. Best, AA- (Very Strong) from Fitch and A+ (Strong) from Standard & Poors. For further information, please visit Lloyd's of London.

Through Brit Group Services Limited, the Group operates a funded defined benefit pension scheme, providing pensions benefits to its members. The scheme closed to new entrants on 4 October 2001 and closed to future accrual of benefits on 31 December 2011. The scheme is approved by HMRC for tax purposes and is subject to UK regulations overseen by the Pensions Regulator. The scheme is operated through a trust, which has assets held separately from the Brit Group. The trust is managed by a corporate Trustee, Brit Pension Trustee Ltd. The Trustee has overall responsibility for payment of the benefits and management of the scheme’s assets.

The scheme’s Statement of Investment Principles can be found here.

The scheme's Implementation Statement can be found here.

Any questions related to the scheme should be addressed to the scheme’s administrators, Lane Clark & Peacock LLP (Team-BritGroup@lcp.uk.com).

Brit Limited, and a number of its UK subsidiaries, are required to publish a Section 172 (1) statement under the Companies (Miscellaneous Reporting) Regulations 2018.  The statements for the year ended 31 December 2021 can be found by following the links below.

• Brit Limited
• Brit Insurance Holdings Limited
• Brit Syndicates Limited
• Brit UW Limited
• Brit Insurance Services Limited
• Brit Investment Holdings Limited
• Brit Group Services Limited
• Brit Group Finance Limited
• BGS Services (Bermuda) Limited
• Ki Financial Limited
• Sussex Capital UK PCC Limited
• Ki Member Limited