Brit Q1 results reveal drop in gross written premiums

Dane Douetil Brit Insurance

However, the insurer revealed that it still managed to push through marginal overall rate increases on renewal business of 1.4% (31 March 2009: increase of 4.6%). Investment return for the period increased sharply on last year (£8.2m loss) to a £35.3m gain this year.

Dane Douetil, chief executive officer of Brit Insurance said: "The underwriting market in the first quarter of 2010 has developed broadly in line with our expectations. I am particularly pleased that, as a result of our

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