Profits treble at NFU Mutual in 2016

farming-tractor

NFU Mutual has posted a profit for 2016 of £1.03bn, nearly three times the £359m achieved in 2015.

The rural insurer confirmed it had benefited from benign weather and a strong investment performance.

The provider described the year as "very good for stock markets and commercial property" as it revealed that overall investment assets under management by the group increased by £2.5bn in 2016 to £18.8bn.

Profit
The underwriting profit slipped to £151m for the year from £281m in the previous 12

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: