Hardy may increase 2006 capacity after cancelling Lloyd's de-emption
Lloyd’s insurer Hardy Underwriting this morning gross written premium had increased to £65.58m (2004: £51.69m) for the first half of the year. Profits before tax increased to £7.66m (2004: £5.65m).
The insurer also joined a long line of Lloyd’s insurers in canceling its de-emption, hinting capacity could exceed its current level of £100m in 2005.Peter Hardy, chairman, said: "The 2003 year of
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