SVB results take hit from provision
Lloyd's insurer SVB Holdings has announced a £117.5m loss in its 2004 interim results for the first half of 2004.
The insurer, which recently announced a £103m provision to cover its reinsurance liabilities in the US reported gross written premiums of £289.0 million, up by 28%, against £225.0 million for the sameOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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