?Novae profit jumps 22%
Novae posted pre-tax profit of £17.7m for the six months ended 30 June 2007, up 22% on the same period last year. Gross premium revenue fell to £135m from £147.6m in 2006.
Benign season helps Omega profit
Omega Insurance’s first half profit more than doubled to $20.4m due to a benign property and catastrophe insurance claims season. Gross written premium for the period grew to $173.1m, up from $81.3m in the first half of last year.
Atrium triples profit
Atrium Underwriting posted pre-tax profit of £23.8m, triple that of the same period last year. The company attributed the increase to favourable claims experience and releases from prior years. Gross written premium rose marginally to £97.7m from £93.6m.
Culver posts £20,000 profit
Listed broker Culver Holdings reported a pre-tax profit of £20,000 for the first half of the year, up from £8,000 in 2006. Turnover increased by 5% to £1.9m.
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.
