The Ecclesiastical Insurance Group's underwriting arm today declared end of year...

The Ecclesiastical Insurance Group's underwriting arm today declared end of year profits of £35.9m, a 61% improvement on last year's £22.3m.

Ecclesiastical is the country's leading insurer of Anglican Church property, care homes and independent schools.

Combined ratio was reported as 84%, compared to 90% the previous year.

Managing director Graham Doswell said: “We have strengthened our position by focusing on our core markets, and by strong underwriting discipline.

“The actions we have taken to restructure our intermediary operations in the UK have also contributed greatly, including the investment we have made in staff expertise and systems capability.”

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