Insurance Age

News in Brief

Kerry London has increased its annual turnover to £15.9m in 2009, up £0.8m from £15.1m in 2008. EBITDAE increased from £307,000 in 2008 to £1.7m. Bank debt was reduced to £5.75m from £9.3m as at December 2008, the broker said. Year-on-year underlying growth increased from -3% in 2008, to 5% in 2009. EBITDAE margin was 12.3%, up from 2%. The broker also said the managing general agent launched in May 2009 was operating 20% ahead of plan.

Brightside Group has released its trading update for the

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