Hiscox reports jump in half year profits despite drop in business
Hiscox this morning reported a higher half year profit profit of £88.1m for 2005 (2004:£60.3m) on less gross premiums written of £437.2m (2004: £489.0m). The insurer added its UK profits doubled to £21.1m.
Robert Hiscox, Chairman Hiscox plc, commented: “A strong first half-year with highly satisfactory increases in profit from our UK and international businesses. We have a spread of flourishing businessOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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