Insurance Post

Chesnara eyes further acquisitions as it posts EEV of £354m

Mike Evans

Insurer focused investment firm Chesnara posted an increase in European Embedded Value to £354m for the first nine months of 2013.

This increase includes net of tax profit of £55.0m less dividends paid of £12.9m in the period.

The firm posted EEV pre-tax profit of £57.5m (excluding modelling adjustments and exchange rate impacts)

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