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Cash

Latest balance sheet

Net assets

£254m

USD 341,643,000

+0.6% highest in 3 filed years

Employees

Average over period

Profit before tax

£25m

USD 33,245,000

+27.3% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Gross written premiums
Net earned premiums
Claims incurred £2,964,820£6,329,499 +113.5%
Investment return £15,450,493£12,820,779 -17%
Profit before tax £21,730,000£19,376,791£24,671,614 +27.3%
Net profit £17,391,000£14,532,792£18,503,896 +27.3%
Insurance contract liabilities £165,019,102£136,113,544 -17.5%
Total assets £424,494,000£426,878,383£400,405,937 -6.2%
Total liabilities £174,801,815£146,867,532 -16%
Equity £238,057,000£252,076,568£253,538,404 +0.6%
Average employees

Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Name history

Renamed 2 times since incorporation

  1. NRG VICTORY REINSURANCE LIMITED 1991-09-01 → present
  2. VICTORY REINSURANCE COMPANY LIMITED(THE) 1984-01-01 → 1991-09-01
  3. VICTORY INSURANCE COMPANY LIMITED(THE) 1919-07-29 → 1984-01-01

Audit & accounting basis

Accounting basis
FRS 102 & FRS 103
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having taken into account the risks and uncertainties, the performance of the business and after making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months after the date the financial statements are signed. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”

Significant events

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

People

6 active · 20 resigned

Name Role Appointed Born Nationality
MARTIN, Colleen Secretary 2009-07-31 British
AMOS, Karen Lesley Director 2016-12-02 Mar 1959 British
HARE, Christopher Peter Director 2016-04-01 Nov 1947 British
MAVANI, Vijay Anantray Director 2008-06-12 Jul 1962 British
SNOVER, Brian Gerard Director 2016-01-20 Jan 1962 American
WILSON, Andrew Director 2024-06-05 May 1967 British
Show 20 resigned officers
Name Role Appointed Resigned
BRITT, Stephen John Secretary 2008-06-12 2009-07-31
MAXFIELD, Laurence Royden Secretary 2008-06-12
BAKER, Martin Richard Director 2002-11-01 2007-08-31
BENNIE, Ronald Robert Director 1993-06-30
BOLT, Thomas Allen Director 2008-06-12 2009-03-01
BOYCE, Alan John Director 2002-07-01 2008-06-12
DAVIS, William Allan, Sir Director 1993-06-30
DIKLAND, Willem Klaas Director 2008-06-12
DUNN, Michael John Director 2002-06-30
HANNAH, Leslie, Professor Director 1993-06-30
LIUZZI, Joseph Rocco Director 2010-04-27 2011-01-14
LIUZZI, Joseph Rocco Director 2010-03-30 2015-12-31
MASTERS, Terence Rodney Director 2021-04-01 2026-05-02
MAXFIELD, Laurence Royden Director 1993-06-30 2006-03-31
MICHAEL, Stephen Andrew Director 2022-12-29 2024-01-03
MICHAEL, Stephen Andrew Director 2009-03-01 2018-12-31
MITCHELSON, Paul Director 2002-10-25 2008-06-12
TOLLEMACHE, Timothy John Edward, The Lord Director 1993-06-30
WILSON, Andrew Director 2009-03-01 2022-12-29
ZANDHUIS, Pieter Director 1992-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Berkshire Hathaway Inc. Corporate entity Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 220 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-07-22 MA Memorandum articles
  • 2025-04-09 MA Memorandum articles
Date Type Category Description
2026-08-14 AA accounts Accounts with accounts type full
2026-07-22 MA incorporation Memorandum articles
2026-05-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-05-06 TM01 officers Termination director company with name termination date PDF
2025-12-01 AD01 address Change registered office address company with date old address new address PDF
2025-09-11 CH01 officers Change person director company with change date PDF
2025-09-02 AA accounts Accounts with accounts type full
2025-05-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-09 MA incorporation Memorandum articles
2025-04-03 SH14 capital Capital redomination of shares
2024-10-23 AUD auditors Auditors resignation company
2024-09-10 AA accounts Accounts with accounts type full
2024-06-06 AP01 officers Appoint person director company with name date PDF
2024-05-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-23 TM01 officers Termination director company with name termination date PDF
2023-10-10 AA accounts Accounts with accounts type full
2023-05-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-08 TM01 officers Termination director company with name termination date PDF
2023-01-09 AP01 officers Appoint person director company with name date PDF
2022-05-26 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
1

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page