Brit profit dives 87.5% at H1

Big losses see Amazons shares hit 12-month low

Brit’s pre-tax profit nose-dived 87.5% in the first six months of 2018 on the back of poor investment returns.

The insurer saw pre-tax profit drop to $17.9m in the six months ended 30 June compared to a profit of $143.8m reported at the same period last year. Profit after tax was $12.9m, down from $139.7m in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

This address will be used to create your account

Diary of an Insurer: Markel’s Daisy Galvin

Daisy Galvin, senior underwriter of financial institutions at Markel, walks us through her working week, which is filled with client meetings, a business trip to Lloyd’s, and training for the Hackney Half Marathon.

Could premium finance face Gap-like FCA action?

After the Financial Conduct Authority’s Matt Brewis labelled premium finance a “poor product”, Scott McGee examines if the industry has done enough to defend this method of paying for insurance or whether the regulator will soon feel forced to clamp down on the pricing practice.

Allianz sells Premierline to Academy

Academy Insurance Services has reached an agreement to acquire Premierline from Allianz Holdings, as it looks to grow the business’s Ebitda six-fold in five years.

And the insurance Oscar goes to...

Ahead of the 96th Academy Awards, better known as the Oscars, Alex Nicoll, UK head of media and entertainment at Sedgwick, considers how the ceremony will shine a spotlight on the incredible potential of virtual production and serve as a reminder of the potential risks it can pose to the filmmaking industry.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here