Ardonagh reports rising income and Ebitda for H1 2021 as losses shrink

David Ross

The Ardonagh Group has reported an increase in income and adjusted Ebitda for the six months ended 30 June 2021.

The consolidator said in a statement that income had risen by 33.4% to £433.2m (H1 2020: £324.8m), while Ebitda increased by 34.3% to £115.2m from £80.9m in H1 2020.

Meanwhile, operating costs also increased to £279.9m, compared to £224.9m in the first half of 2020.

In its investor report, Ardonagh reported a loss for the period of £41.3m, an improvement on the loss of £94.1m

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: