Helphire sees more insurer engagement but slips £149m into the red

martin-ward-helphire

Credit hire giant MD Martin Ward remains optimistic new management team will turn business around.

Helphire this morning reported an adjusted operating profit before tax of £4.7m (2008: £55.4m) and a pre-tax loss of £149.0m, which it claimed largely resulted from non-cash exceptional charges (2008

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Throwback Thursday: North Sea disaster; bullion raid

Insurance Post’s Throwback Thursday steps back in time to April 1980 to remind you what was going on this week in insurance history when heavy claims were expected following a North Sea disaster and the cost of a bullion raid was being counted.

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