Brit Insurance unveils Chinese intentions as post tax profit rises to £84.7m
Lloyd's insurer Brit has today announced it has developed "prudent options" to assess growth potential in China, to grow its specialty underwriting business "cautiously and profitably".
The revelation came as it reported an operating profit of £113.6m (2011 restated: £68.4m) on gross written premiums of £1147.9m (2011 restated: £1179.9m).
It added its profit on ordinary activities
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