Novae rules out Zurich, Dublin or Bermuda move for now
Lloyd's insurer Novae has reported a profit before tax: £40.2m for 2008 despite a estimated $40m loss from Hurricanes Gustav and Ike (net of reinsurance and reinstatement premiums).
It added net tangible assets per share was 410.8p, up 12% (2007: 366.7p) and net tangible assets per share including off balance sheet deferred tax asset: 434.7p, up 10% (2007: 394.6p) .
Looking ahead
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