Insurance Post

Esure's Vann commends ‘solid' results despite 12.8% profit drop

stuart vann

Esure reported a 12.8% decline in pre-tax profit for the year ended 31 December 2014 with the decrease attributed to costs related to the group's acquisition of the remaining 50% stake in Go Compare.

Profit before tax was reported at £103.3m down from £118.4m the year prior. Post-tax profit decreased 11.6% to £82.4m (2013: £93.2m).

2014 gross written premiums were recorded as £517.8m which was a 3

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