Abbey Protection reports increased profit and GWP

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The result was up on the £5m reported for the first half of 2011.

Gross written premium (GWP) also grew, from £6.22m in the first half of 2011 to £7.05m in the first half of 2012.

And revenue increased by 5%, from £18.3m in the first six months of 2011, to £19.2m in the same period of this year.

Income generated by the group’s intermediation activity comprised more than 25% of total revenue, at £5.4m, up from £4.9m last year.

Caution
Colin Davison, chief executive, commented: “We approached 2012

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