Abbey Protection profits meet expectations

Colin Davison, group CEO, says the result shows the resilience of the business model

Abbey Protection, a supplier of legal and professional fees insurance and services products, today said that its results for the year ending 31 December, 2009, will show an increase in profits in line with market expectations.

It added that the result is "notwithstanding a substantial fall in investment income" and is "the direct result of the group maintaining a conservative investment philosophy".

Commenting, the group CEO, Colin Davison, said that this was particularly pleasing against the

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