Charles Brindamour, Chief Executive Officer, said: "We delivered strong earnings performance across our businesses in the fourth quarter, with growth momentum building. In personal auto, we reached our mid-90's combined ratio run-rate and are focused on sustaining that performance. OneBeacon remains on track towards a low 90's combined ratio and becoming a leading North American specialty insurer. In the past year we made substantial investments in digital and artificial intelligence as we continue our customer-driven transformation and position ourselves for continued outperformance. Our balance sheet remains strong and we are pleased to again increase dividends to our common shareholders."