Ecclesiastical blames Chilean earthquake for pre-tax loss

Michael Tripp Ecclesiastical

Ecclesiastical has revealed that exposure to the Chilean earthquake was predominantly responsible for its £9.9m pre-tax loss for the first half of 2010.

The specialist insurer, which reported a £25.7m profit for the same period in 2009, suffered losses of around £9.5m from the earthquake, which hit Chile in February, as well as £3m exposure to the

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