Management charge pushed Bluefin Insurance Group into accounting loss in 2013

tim-philip-bluefin

Ebitdae grew to over £24m.

Bluefin Insurance Group, the holding company for broker-firm Bluefin Insurance Services and network Bluefin Broker Partnerships, has published its annual results for 2013 with Companies House.

According to the document, the consolidated results for the two businesses delivered an increase in Ebitdae of 8% to £24.61m from £22.79m the year before.

However, the figures also revealed a pre-tax loss on ordinary activities of £16.42m, an increase on the £12.93m lost in 2012.

Tim Philip, chief

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