Wellington Group reported a massive 244% increase in pre-tax profit to £116.7m for the year ended 31 December 2003.
This compared to a pre-tax profit of £33.9m the previous year.
Wellington Syndicate 2020 made a pre-tax profit of £61.3m, against £38.4m the year before.
Wellington Underwriting made a pre-tax profit of £9.2m, compared to £5.9m the previous year.
Wellington reinsurance arm Aspen reported a pre-tax profit of £63.1m, against £1.2m in 2002.
The board recommended a final dividend of 1.65p to be paid to shareholders on 25 June 2004.
Wellington said it expected to recommend a dividend of not less than 4p per share for 2005.
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.





































