Brit profits up in first half
Brit Insurance has announced its first six months' figures, reporting gross written premiums up 2.6% to £695.3m. Net earned premiums rose 16.0% to £522.2m (2005 H1: £450.0m) and profit before tax and foreign exchange movements on non-monetary items was £118.5m (2005 H1: £102.5m)
Performance highlights:
Profit before tax £106.0m (2005 H1: £112.2m) Earnings per share 23.0p (2005 H1: 24.3p)Interim dividend of 7.5p per share payable on 24 November 2006 to shareholders on theOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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