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Elite points to profits of £7m and £115m GWP in past year

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Elite Insurance has unofficially calculated profits before interest and tax of £7m and gross written premium upwards of £115m for the 12 months to 31 March 2014.

The unrated carrier recorded "strong improvement" in its general insurance performance for the year and pointed to improvement within its legal expenses division.

Paul Lavender, Elite finance director

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