KI MEMBER LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. KI MEMBER LIMITED 2022-05-12 → present
2. RIVERSTONE CORPORATE CAPITAL 4 LIMITED 2020-09-16 → 2022-05-12
3. SKULD II LIMITED 2010-10-07 → 2020-09-16

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

• “The ownership of the Company changed from Brit Limited to Ki Financial Limited on 20 November 2024, as part of the intended separation from the Brit Group.”
• “With effect from 1 January 2025, Syndicate 1618 novated to a new Managing Agent, Asta Managing Agency Limited ('Asta').”
• “Syndicate 1618 has potential exposures to claims resulting from the California wildfires of January 2025, which will be accounted for in the period ending 31 December 2025. After taking into account potential reinsurance recoveries and after reinstatement premiums, the initial estimates, based on information available at the date of this report, is a net cost before tax of between $10m to $20m.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Gross written premiums

  -8.7%

  £650,111,193 → £593,773,165

• Net earned premiums

  +2.6%

  £480,429,948 → £492,735,360

• Profit before tax

  -75%

  £593,032 → £148,258

• Equity

  +13.3%

  £1,111,935 → £1,260,193

• Claims incurred

  +5.5%

  £342,698,295 → £361,601,186

• Insurance contract liabilities

  +19.7%

  £851,816,160 → £1,019,199,407

• Investment return

  +4.7%

  £26,612,305 → £27,872,498

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers