Company results

Brit's results show boost in profit and GWP

Brit Insurance has grown 300% in the last year posting a before tax profit of £171.3m excluding the effect of foreign exchange on non-monetary items, dwarfing last year’s £39.6m result.

Axa UK's GI earnings tumble

Axa's total general insurance (GI) and health underlying earnings in the UK and Ireland have fallen 63% to £90m in 2009, compared to £244m in 2008.

THB Group to hit the acquisition trail

THB Group chief executive, Frank Murphy, has expressed his satisfaction at the company's 2009 results despite flat trading, describing it as a credible performance in a continuing soft market

Oval reports loss

Oval chairman, Oliver Stocken, said that the past 12 months "have probably been the most difficult any of us have encountered in our careers".

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