Ecclesiastical swings to UK underwriting profit as group losses shrink
Specialist insurer Ecclesiastical has seen its UK insurance business return to profit in 2013, moving from a loss of £12.3m to £9.8m profit, while group underwriting losses have also narrowed.
The firm reported a group level underwriting loss of £24.6m last year, improving to a £8.2m loss in 2013.
The UK reported a combined operation ration of 95.3%, improving from 105.5%, while the group
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