MMA reports a record £19.7m profit

Intermediary-only insurer MMA Insurance (MMA) announced that it has delivered its best ever profit this year, against a background of portfolio shift and internal reorganisation.

The company was able to report an operating profit of £19.7m, a total pre-tax profit of £27.7m and an increase of 6% in renewable income.

While private motor still accounts for around 40% of the portfolio mix, MMA said it was increasingly focusing on property business, particularly in the small and medium sized enterp

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: