NFU Mutual returns to underwriting profit
Rural insurer NFU Mutual has turned an underwriting loss in 2010 of £150m into a profit in 2011 of £105m.
The company said that GWP had grown 6% to £1,273m (2010: £1,205m) and that it had slashed its combined operating ratio of 91% (2010:115%).
NFU Mutual also saw 8% growth in its life business and made a
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