CFC records profit rise

Cash

Increase in income, profits and customer numbers for specialist underwriting agency.

CFC has delivered a 27% increase in pre-tax profits to £4.4m for the year to 30 September 2013.

The specialist lines underwriting agency also saw operating income increase by 28% to £12.5m.

The results came as CFC confirmed that in the 12 month period it attracted 10,000 new customers to the business.

Managing director David Walsh commented: "It's been another successful year at CFC. We rebalanced our existing portfolio towards the more profitable areas and still demonstrated very healthy growth

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 copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: