Atrium Underwriting missed out on recording a pre-tax profit for 2002, despite a major swing towards profitability.
Its £135,000 loss was an improvement on its £15.2m loss in 2001. But this turned into a profit after tax of £3.8m compared to a £15.5m loss.
Much of the result is affected by Atrium's three-year accounting system, which does not yet recognise profits from 2002 underwriting.
It plans to move to annual accounting.
Gross written premiums increased to £179.3m from £142.4m the year before.
Underwriting in 2000 and prior years made a loss of £573,000 compared to a previous loss of £9.4m.
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.
