Tokio Marine Europe up nearly a quarter
Tokio Marine Europe has reported a turnover increase for 2011 of nearly 24% to £14.5m (2010: £11.7m), with operating profit leaping to £694 177 (2010: £118 622).
The operating margin increased from 1% to 5%, but Tokio Marine reported a much lower pre-tax profit of £185 031 (2010: 118 932).
The firm said that growth was "a direct result of an increase in
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