Cox profits in first 'retail' year

Insurance Age staff
01 May 2003

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Cox Insurance chief executive Neil Utley revealed his company'spreliminary results for 2002 and said Cox's broker operations would be keyto the group's ability to ride out the insurance cycle.

Pre-tax profits rose to £42.7m, compared with the 2001 figure of a £240.6mloss, and underlying profits from the group's continuing business were up37% to £50.1m. In line with the company's prospectus, there will be nodividend for 2002. However, Mr Utley said the firm hoped to be in asituation at the

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 print this content. Please contact [email protected] to find out more.

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

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.