Atrium lost £1.9m before tax in the first six months of the year despite being able to charge high prices and suffering relatively low losses.
The Lloyd's operator put the result down to past losses and the bad investment environment.
It lost £8.2m in the same period last year.
Before tax and amortisation, Atrium scored an operating profit of £1.4m compared to a loss of £3.2m the time before.
The company said profits were now "foreseeable".
Gross premiums written in the period increased to £80m from £54m the same period last year.
Atrium started the year with 34% of its directly held investments in equities. Sales and falling stock markets pushed this figure down to just under 25%. The fund lost 1.6% of its value over the six months.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
