Equine insurance has cleared the hurdle of recession

The bets are on a continuing recovery in the equestrian market, with figures from the Racecourse Association showing a dramatic jump in attendances this year. In the first six months of 2015, almost three million people attended races, up by 300,000 on the same period last year. On the back of this, the going is good for equine insurers to benefit from firmer ground following the recession, which saw a heavy fall in bloodstock valuations.

"At time of crash it was the perfect storm, with overproduction coming out of Ireland," recalls Anglo Hibernian's managing director Jim Wordsworth. He didn't lose his shirt, although business did fall