Hardy Underwriting has reported higher underlying first half profits but warned that its second half performance will not match the six months to June
The specialist corporate insurer said pretax profit before exceptionals rose to £7.7m in the first half from £5.7m last year. Gross written premiums increased to £65.6m from 51.7m.
However, Hardy warned that its second half performance "is clearly unlikely to replicate the performance" of the first half, though it said it expects to maintain its final dividend.