Co-op Insurance reveals new business increase of 32% in H1 2010
The Co-operative Financial Services has recorded an increased profit of £307m for the half year to 3 July 2010 - despite a drop in profit of £1.9m for its general insurance division.
Overall, group revenue for CFS was up 8% to £6.9bn, while underlying group profit was up 14% to £307m.
Underlying profit before payments to and on behalf of members (equivalent to pre-tax profits) was
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