Fortis' GWP up, but motor falters
Private car insurer Fortis Insurance UK felt the downward pressure in the motor market as its gross ...
Private car insurer Fortis Insurance UK felt the downward pressure in the motor market as its gross written premiums fell 5% to £190m in the second quarter of 2005, in comparison to £200m in 2004.
However, overall GWP at Fortis climbed 1% to £297m.
The travel sector enjoyed significant gains, with a year-on-year GWP increase of 49% to £23m from £16m. The Age Concern travel business will come online next year, with Fortis confident of further gains in the sector.
The SME commercial market also grew
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