Insurance Post

Ecclesiastical celebrates best underwriting figure for five years

Mark Hews is Ecclesiastical CEO

Ecclesiastical has posted a pre-tax profit of £48.2m for 2014 and an improved combined operating ratio for the year.

Pre-tax profit fell to £48.2m from $66.9m in 2013 but the company made a group-wide underwriting profit of £9.2m compared to a loss of £8.2m the previous year.

The firm said that the underwriting

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