Fortis UK reports rise in GWP
Barry Smith, CEO, Fortis UK, said he is confident the insurer is well positioned for further growth in 2010
Fortis UK has reported a 6.1% increase in non-life gross written premium (GWP) to £617.1m for the first nine months of 2009 (Q3 2008: £581.9m) and a 5.5% rise over the second quarter (Q3 2009: £215.5m versus Q2 2009: £204.2m).
The insurer said that growth in non-life premium has been driven by the ongoing implementation of Fortis’ commercial lines strategy to complement its strong personal lines business and the continued development of its household portfolio.
It said: “The expansion into
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