New capacity comes as five year personal lines relationship ends.
UK General has signed a three year capacity agreement with Great Lakes Reinsurance (UK) - a wholly owned subsidiary of Munich Re. The agreement comes into effect from the beginning of April this year...
Losses have decreased compared to the same period in 2015.
Deal includes all motor and non motor products as well as its schemes business.
CFO Mark Mugge says the broker is “building a business for the long term” and has returned to profitability.
Consolidator reports 7% fall in income for six months.