Benfield H1 pretax profits fall 5%
Benfield, the world’s fourth-biggest reinsurance broker, said that first half pretax profits fell 5% to £87.7m from £92.3m in the corresponding period of 2007.
The result was below Keefe, Bruyette & Woods' estimates of £235.5m.
Group revenues in the first half dropped 4% to £233m from £242.7m a year earlier. Revenues at the group’s international arm rose over
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