Insurance Post

Ecclesiastical reports hike in pre-tax profit to £42.2m in H1

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Ecclesiastical has reported an increase in pre-tax profit to £42.2m during the first half of this year compared to £15.2m last year. 

The insurer reported a hit to its Combined Operating Ratio as it went up to 90.5% in the first half of 2017 compared to 86.7% in the same period last year.

Underwriting profit went down from £12.9m

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