UK General posts £8.3m operating loss and confirms business line exits
UK General Insurance lost £7.9m after tax in the year ended 31 March 2019, reversing a £838,582 profit the year before.
The operating loss for the period of £8.3m was driven by a trading loss of £3.2m and over £5.1m of exceptional items.
This was dominated by a £4.3m impairment of amounts owed by group undertakings
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