Highway Insurance has posted a pre-tax profit of £27.3m for 2005. This represents an increase of £6.1m on the previous year's results.
The company's net insurance premium increased from £225.6m to £242.9m. Shareholders will receive a final dividend of 3.7p, compared with 1.85p in 2004, for a total dividend of 5.3p, up from 2.65p.
Highway's executive chairman, Ross Dunlop, said: "Our aim in 2006 is to hold our position, to develop further distribution skills in our broking business, and a closer alignment with our underwriting operation."
Ian Patrick, Highway's finance director, has resigned, with effect from the end of March.
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.
