Brit posts $212mn pre-tax profit for H1 amid rate rises
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Brit posts $212mn pre-tax profit for H1 amid rate rises

Rachel Dalton
30 July 2021
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Brit has reported an operating profit of $212.5mn for H1, compared to a loss of $205.3mn in the prior-year period, as it grew premiums into the hardening market.

The Fairfax-owned insurer said gross written premiums (GWP) expanded by 14.2% to $1.5bn during the half, while it achieved risk-adjusted rate increases of 10.2%,

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Topics

Brit Results News Re/insurers
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Rachel Dalton
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