Brit Insurance profits halve as it eyes Netherlands move
Brit Insurance's full-year pretax profits halved during the course of 2008 as the company eyed a move of domicile to the Netherlands.
Pretax profits dwindled to £89.2m from £191.2m a year earlier, hammered by a steep drop in investment return, which fell to just £7.4m from £137.4m.The group said that it had identified the
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