Arista reports improved GWP and turnover for 2011
Arista has reported gross written premium (GWP) of £74m for 2011, a 10.5% improvement on the £67m it recorded in 2010.
The managing general agent said renewal income accounted for 72% of GWP in 2011.
Turnover also increased from £9.5m in 2010 to £11m for 2011. Meanwhile EBITDA jumped by 95% from £683,000 in 2010 to £1.33m last year.
Charles Earle, chief executive at Arista, said: “[Last year] marked Arista’s fifth year of trading, and saw the company achieve a profit for the second consecutive year.
“The improvement is the result of the hard work of Arista people as we continue on our journey to achieving market
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Are new regional insurer offices the silver bullet to improve broker service?
- RSA expects new business “clunkiness” to ease from July as it continues NIG integration
- In Depth: Cyber risk and AI – friend or foe?