HSBC Insurance Brokers said its results for the year ended 31 December 2003 had been hit by the weak US dollar.
The company reported turnover of £123.3m, up slightly on the £122.1m reported for the previous year.
It said the majority of its turnover; £72.6m, came from business conducted within the UK.
A company spokeswoman said the results had also been affected by the sale of HSBC Insurance Brokers subsidiary HSBC Select UK to HSBC Bank during 2002, which impacted the year-on-year comparisons for the broker's results.
Operating profit remained similarly steady, with £26.2m reported for 2003, up from the £25.1m in 2002.
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.
