Tawa’s shares climb after 2010 results
UK-listed run-off firm Tawa's 2010 annual results were well received by investors, with its share price rising more than 5 percent since they were published on 25 March.
However, the figures painted a mixed picture as the company moves from its origins as a run-off acquirer and investor to a more balanced and diversified insurance portfolio.
Profit from continuing operations for the year was $8.6mn, up from a loss of $0.9mn in 2009. However profit attributable to shareholders declined to...
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