Ardonagh losses rise to £44.5m in H1 2019
Broking giant also posts growing income as a result of the deal to buy Swinton.
Ardonagh Group has revealed a rise in reported income to £337.4m in the first half of 2019, from £271.8m in H1 2018, according to its statement of group financial highlights.
However, in its investor report the business posted an increased loss of £44.5m in H1 2019, compared to £32.8m in the same time period last year, and its unaudited results, published in the same document, also showed a pre-tax loss of £48.5m (H1 2018: £38.2m).
The statement of group financial highlights also revealed an
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