Ecclesiastical delivers pre-tax profit rise for 2015
Insurer posts best underwriting profit for six years.
Ecclesiastical has reported an 11% jump in pre-tax profits to £53.6m for 2015, from £48.2m the year before.
The insurer highlighted that its underwriting profit of £15.9m (2014: £10.7m) was the best result for six years.
Overall the group delivered a combined operating ratio (COR) of 92.0% (2014: 95.2%).
For the UK and Ireland the COR improved to 90.4% (2014: 94.0%).
However, the provider's general insurance gross written premium (GWP) fell by 6% to £308.1m (2014: £328.6m) with the company
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