Mondial has announced growth across all lines of business at it year end.
The Group said sales revenues increased by 10.5% to €1.1bn from £995m a year earlier. Operating revenue was reported as €44.6m from €24.2m, an increase of 84%. Net profit was recorded as €23.1m, a 48% on the €15.6m recorded in 2003.
Combined ratio was reported as 95.8% down from 97.5%.
In the UK Mondial showed a 23% increase in sales to €154m.
Turnover in its travel book accounted for 46% of the result up 9% on 2003, while its motor book represents 43% of the turnover- an increase of 19% on the previous year.
