Fortis reports return to profit in Q2 but trails behind last year's H1 result

Barry Smith

Non-life gross written premiums (GWP) increased by 16.6% to £468.4m (H1 2009: 401.6m) while non-life combined ratio stood at 106.5% (H1 2009: 104.4%).

Mr Smith said: “I am pleased that Fortis has delivered a robust set of results despite the continuing difficult economic environment. Our income growth is strong, thanks to our multi-distribution strategy and we have demonstrated our aim to grow further with the acquisition of Kwik Fit Insurance Services and continuing new business wins.

“Followin

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