Novae optimistic on organic growth through 2014 says Fosh
Novae group chief executive Matthew Fosh has said the insurer and reinsurer is cautiously positive on prospects of further economic growth this year, in spite of “minefields”.
Speaking after Novae posted a 50% year-on-year improvement in underwriting profits for 2013, Fosh, pictured, said the insurer had been pleasantly surprised that organic growth had mitigated a reduced
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