Brit 2014 profits climb 40% as investment returns skyrocket
UK-based insurer Brit's after tax profits were £139m last year compared to £99.5m the previous year, up 39.7%, as its investment returns rocketed 38.4% year on year.
Although the insurer, which has recently accepted a 305 pence per share cash offer from Toronto-based Fairfax, saw its combined ratio decline from 85.4% in 2013 to 89.5%, its investment returns were
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: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Lloyd’s/London
Five key takeaways from the Global Risk Summit
Navigating the new geopolitical order, AI, changing climate risk, and increasingly sophisticated cyber-attacks were on the agenda at the inaugural Global Risk Summit in London.
Insurance industry’s most powerful leaders revealed
Insurance Post’s Power List cuts through the noise to reveal who really moved markets, shifted outcomes and shaped the UK general insurance sector over the last 12 months.
Patrick Tiernan, Lloyd’s
Patrick Tiernan, CEO of Lloyd’s, sits at the centre of one of the most consequential periods in the London market’s history and at the top of Insurance Post's Power List in 2026.
Throwback Thursday: Lloyd’s back monster hunt
Insurance Post’s Throwback Thursday steps back in time to April 1971 to remind you what was going on this week in insurance history when Lloyd’s backed the hunt for the Loch Ness Monster and a computer underwriter was developed.
LMA launches AI adoption toolkit
The Lloyd’s Market Association has launched a new AI adoption toolkit to help managing agents develop and strengthen governance frameworks for artificial intelligence across the Lloyd’s market.
Lloyd’s pushed to prove value of Dive In replacement
Editor's View: As Lloyd’s winds down Dive In, Emma Ann Hughes argues the real test will be whether the London market's replacement delivers meaningful change when it comes to diversity and inclusion rather than diluted ambition.
Jensten creates two executive roles amid restructure
Jensten Group has added two new roles to its executive leadership team as part of a restructure of the business into two trading divisions: broking, and product and distribution.
Tysers Live CEO Chapman steps down
Tysers has announced that Paul Chapman is stepping down from his post as chief executive of Tysers Live to pursue personal interests.