MMA highlights expense ratio for record results
Intermediary-only insurer MMA Insurance has registered the most successful trading year in its history with a near doubling of its operating profit in 2003.
Main features of the 2003 results include:-A record Operating Profit of £13.7 million compared to £7.3 million in 2002
-Gross Written Premiums rose by 6.4% to £203 million
-Strong GWP growth for
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