
Cox profits in first 'retail' year
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 interim
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.
Copyright Infopro Digital Limited. All rights reserved.
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]
Copyright Infopro Digital Limited. All rights reserved.
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]
More on E-Trading
Most read
- Action group vows to pursue broker Pound Gates after BI policies fail to pay out
- Gallagher acquires Erimus Group
- Rishi Sunak flags speedy reform for Solvency II rules
- PIB buys beauty specialist Balens
- Goldman Sachs buys into Clear as ECI exits
- Blog: Stonegate v MS Amlin and others - battle lines drawn in a £1bn dispute
- Drop in insurance complaints at FOS