Towergate reports 51% growth in earnings
Broking consolidator Towergate has reported a 51% growth in earnings from £62.7m in 2005 to £94.4m.
This is derived from net income of £243.4m, an increase of 40% on 2005. Return on revenue also increased to 38% from 36% in 2005.Towergate’s sales in 2006 totalled £1.1bn of gross written premiums. On
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