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Windsor reports reduction in fees and brokerage

Listed broker Windsor has reported a pre-tax profit of £1.51m for the six months ended 31 March 2005...

Listed broker Windsor has reported a pre-tax profit of £1.51m for the six months ended 31 March 2005, which it described as "a good first half despite challenging market conditions". It added that brokerage and fees reduced by 2% to £8.34m from the first half of 2004, reflecting new business gains and the effects of softer market conditions. Windsor also announced that, on 1 April, it paid "a nominal amount" in cash for 25% of Hanrahan Thomas, a specialist marine insurance intermediary. The

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