Highway predicts 2008 will provide diappointing earnings
Highway Insurance Holdings has released an Interim Management Statement and trading update in advance of its Annual General Meeting as required by rule 4.3 of the Disclosure and Transparency Rules of the UK Listing Authority.
“Trading conditions have been difficult in the first months of 2008. The UK motor insurance market remains competitive and investment returns that are marked to market have been affected by the prospect of a global economic slowdown and the fragility of financial markets.
“The board believes that Highway remains well placed to take advantage of current market developments and trading conditions that are expected to improve over the remainder of the year and into 2009. The business has a strong
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Wakam receives PRA approval for new £500m GWP UK insurer
- Aviva’s David Martin on the art of the possible
- Brokers push for more from RSA/NIG