Swinton hails growth
Personal lines specialist Swinton has hailed growth in its household book after the broker reported ...
Personal lines specialist Swinton has hailed growth in its household book after the broker reported record trading profits of £29.6m for 2005. The company's surplus rose by 27.6% from £23.2m in 2004, while its gross written premium went up by 8.2% to £436.8m. The group's net income also rose substantially to £125.4m from £109.3m in 2004. Patrick Smith, chief executive of Swinton group, commented "Swinton has now seen considerable growth in both premiums and profitability over recent years."
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