Lloyd's broking group Windsor has reported a 12% rise in pre-tax profit to £2.7m for the year to 30 September.
Lloyd's broking group Windsor has reported a 12% rise in pre-tax profit to £2.7m, from £2.4m, for the year to 30 September.
The group said that was mainly due to strong contributions from the professional indemnity, protection & indemnity and UK commercial and liability sectors.
The London-listed group provides insurance and reinsurance broking and financial consultancy services to businesses and individuals. It specialises in certain sectors including sport, aviation, marine, reinsurance, commercial, professional indemnity and financial services.
Revenue at the company increased by 8% over the 12-month period to £15.3m, from £14.1m, thanks mainly to brokerage, which improved by 8% to £14m from £12.9m last year.
Earnings per share rose to 2.56p from 2.37p and the company declared a dividend of 1.2p, up 9% on last year's 1.1p.
Windsor chairman David Low said: "I am pleased with the performance of our five operating divisions which have all generated brokerage in line with expectations.
"I believe that Windsor is well placed to benefit from a hardening market and I am confident that the combination of our insurance broking expertise, our investment in IT infrastructure and our aggressive pursuit of new business will yield a good performance in the coming year."
