H1: stable but competitive
Companies in the London Market revealed their results for the half-year to 30 June 2007, while other...
Companies in the London Market revealed their results for the half-year to 30 June 2007, while others announced their forecasts for syndicates for the 2005 and 2006 years of account.
Advent reported a profit before tax of £6.7m (H1 2006: £10.4m, which included a foreign exchange profit of £4.4m, compared to a foreign exchange profit of £0.3m for H1 2007). With gross written premiums of £96.1m (H1 2006: £90.4m), Advent reported that market conditions were increasingly competitive but remained
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