Ascot Underwriting records profit of £97.1m
Ascot Underwriting said its 2010 Lloyd’s results recorded a pre-tax profit of £97.1m and a combined ratio of 79.2%.
Andrew Brooks, CEO of Ascot Underwriting, said: “2010 proved to be a very testing trading environment. Our decision to de-risk our portfolio in specific territories proved to be correct and I am
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