Global Risk Partners posts £2.7m loss

UK currency and finances

Insurance investor Global Risk Partners (GRP) has posted a loss after tax of £2.7m for the year ending 31 March 2015 according to results filed at Companies House.

In 2014 the loss after tax was £2.5m.

However, turnover for 2015 leapt to £6.2m from £1.6m in the previous year.

There was also a large increase in administrative expenses from £1.6m in 2014 to £6.7m.

Despite the losses the results noted an improved operating performance with operating losses decreasing to £1.3m (2014: £2.4m).


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