Insurance Age

News in brief

The Churchill Group has posted record profits and continued stronggrowth in business volumes with a 48% leap in profit before tax to #83.3mfor the financial year ending 2002. The company also reported premiumincome as having increased by 15% to #2.14bn (2001: #1.86bn) as a resultof volume growth in all areas of the business. Commenting on the results,Martin Long, Churchill's chairman and chief executive, said: "I amobviously delighted with the results, which firmly underline our strongpositi