Hardy profit halves to £10m
Hardy has reported gross written premium of £279.4m (2009: £242m) and before tax of £10m (2009: £20.1m).
Its combined ratio deteriorated to 94.7% (2009: 78.1%) compared to a five-year average combined ratio of 85.4%.
Commenting on the Bermuda-domiciled group’s results, chairman David Mann said: “We have
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