Chartis UK profit falls £241m
Chartis UK full year results for 2009 show the insurer has posted a reduced profit before tax of £83m, down from 2008’s result (excluding restructure) of £324.3m.
The results are also down on 2008's result including restructure, which was posted at £176.9m.
The insurer's combined operating ratio deteriorated from 91.7% before restructure, to 105.8%.
Chartis UK
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