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22 May 2012

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Merry: Hardy has multiple options to address capital issues

25 August 2011

Hardy CEO Barbara Merry has acknowledged that the company will need additional capital to support its underwriting in 2012, but said that it finds itself with access to a number of different options.

Speaking to The Insurance Insider after the company announced half-year pre-tax losses of £20.7mn, the CEO stressed that Hardy was well placed to secure the capital that it needs to support its business plan once it is finalised in October.

"The way that we capitalise next year...

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