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Dual International reports profits rise in 2008 following portfolio shake-up

Dual International, the specialist underwriting agency and the underwriting division of the Hyperion Insurance Group, has reported an increase in revenues of 21% for the year ending September 2008, bringing total reported revenues to £19m. Profit before tax rose to £6.8m.

Stephen Crowther, chairman of Dual International, said: "Despite our GWP decreasing slightly on last year to £76.5m in a difficult market, our revenues have increased significantly. This is a great

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Is it third time lucky for Axa as it merges divisions again?

Content Director’s View: With Axa UK and Ireland combining its personal and commercial businesses into one, Jonathan Swift reflects on why insurers often oscillate between splitting and merging these divisions, and what led the insurer to believe this latest move will pay off now despite similar attempts in 2005 and 2016.

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