Fortis UK CEO pleased with lot despite £1.8m Q1 net loss
Fortis UK this morning reported non-life and life premiums increased by 18.4 per cent to £234.9m (Q1 2009: £198.4m) in the first quarter of 2010.
However, it saw an overall net loss of £1.8m (Q1 2009 net profit £4m) due to what it described as the severe weather events in January, industry-wide issue of rising claims in private motor market
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