Aegis London is to return $1m in premium credits to members through its Premium Credit Programme.
The programme, in its seventh year, rewards eligible policyholders who renew their coverage through the Aegis London syndicate.
Stuart Davies, managing director of Aegis London, said: “Despite tough market conditions, our positive 2010 results mean that members will again be eligible to receive a share of $1m in premium credits.
"We believe our members should share in our success and the Premium Credit Programme is a tangible way of rewarding their loyalty.
"Since the scheme's inception in 2005, we are pleased to have declared a total of $11.5m in premium credits; a figure which is testament to our disciplined underwriting performance."
The Premium Credit Programme is based on a similar programme operated by Aegis in the US which rewards its members (predominantly US energy companies) for continuing to place their insurance with the company.
Policyholders who have placed profitable insurance business with Aegis London and continue to do so in 2011 will be due a payment to offset future premium payments.
The company said the total premium credit pool of $1m will be allocated between eligible policyholders in proportion to their contribution to profit.
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