Novae 2009 profits plunge after first half claims take toll
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Novae 2009 profits plunge after first half claims take toll

09 March 2010
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Lloyd's insurer Novae saw pre-tax profits plummet from £40.2mn in 2008 to £4.2mn in 2009, after a difficult first half punctuated by aviation reinsurance and trade credit losses.

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