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Pre-tax profit drops 15% at BGL

Matthew Donaldson

Group reports increase in both revenue and policies.

BGL Group made a pre-tax profit of £70.4m for the year ended 30 June 2015, down 15% from £82.7m in the previous 12 months. 

The business highlighted that the figure included a gain of £20.3m on the sale of Bennetts to Saga and the negative impact of a £35m reported loss in Minister Law.

The financial services group behind comparethemarket.com, and insurance broking businesses Frontline, Junction and online life insurer Beagle Street listed that group customer numbers were up by 500,000 to over

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