Ecclesiastical achieves biggest underwriting profit in six years
Ecclesiastical CEO Mark Hews has heralded “a set of extremely positive results” after the insurer recorded an 11% rise in pre-tax profits to £53.6m in 2015 (FY 2014: £48.2m) alongside its biggest underwriting profit since 2009.
The firm chalked up an underwriting profit of £15.9m (FY 2014: £10.7m) - its best result for six years - and an improved group combined operating ratio of 92.0% (FY 2014: 95.2 %), with a UK and
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