Reinsurance broker, PWS Holdings, has reported a 32% jump in post-tax profits to £2.5m (2005: £1.9m)...

Reinsurance broker, PWS Holdings, has reported a 32% jump in post-tax profits to £2.5m (2004: £1.9m).

The company said it was its tenth successive year of profitable trading.

Lord Pearson of Rannoch, chairman of PWS, said: “PWS made good progress in the year, especially given the difficult market conditions which continue to prevail in the reinsurance sector."