Kiln reported a pre-tax profit of £24.7m for the six months ended 30 June 2004.
This represented a 61% increase on the 2003 half-year pre-tax profit of £15.3m.
The group's combined ratio stood at 77%, compared to 79% for the 2003 half-year.
Gross written premium increased to £162m from £154m.
The group said it would pay an interim dividend of 0.6p per share (2003: 0.2p).
Kiln chief executive Edward Creasy said: “We have a strong pipeline of unearned premium and profit commission. This, combined with improving syndicate forecasts and a stable rating environment, make for an encouraging outlook for the remainder of the year."
