Dual International reveals 21% hike in revenues
Dual International, the underwriting division of the Hyperion Insurance Group, has reported an increase in revenues of 21% for the year ending September 2008, bringing total reported revenues to £19m. Profit before tax rose to £6.8m.
Stephen Crowther, Chairman of Dual International commented: "Despite our gross written premiums decreasing slightly on last year to £76.5m in a difficult market, our revenues have increased significantly. This is a great achievement and testament to our philosophy of sound underwriting for significant profit.
"Over the past 18 months we have made wise decisions to re-engineer our portfolio to focus on low risk profitable accounts and away from those areas that we believe will suffer increased
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