Insurance Age

Brit returns profit, appoints Citigroup as Broker

Highlights

Gross written premium increased by 10.7% to £1,202.5m Pre-tax profit of £62.4m (2004: £116.1m), achieved in a year of record catastrophe claims activity Very strong investment performance of £121.8m (2004: £76.1m) Combined ratio 105.2% (2004: 92.9%) Recommended final dividend of 3p per share, bringing the total for year to 6p per share Completion of strategic review of Group capital structure and gearing, culminating in successful £150m tier two subordinated bond issue bringing

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: