Insurance Post

Brit chalks up marginal GWP growth in Q1

Mark Coutier

Growth of 8.2% within Brit’s direct business contributed to group-wide gross written premium of £336.5m in the opening three months of the year (Q1 2013: £332.6m).

The 1.2% GWP increase was achieved against a backdrop of rates across the book falling in line with expectations by 2.5% (Q1 2013: increase of 1.4%) and comes despite the firm's reinsurance operation

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