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Ecclesiastical grows 11% in half yr as UK and Eire COR tumbles to 84.2% – Insurance coverage Age

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Ecclesiastical grows 11% in half yr as UK and Eire COR tumbles to 84.2% – Insurance coverage Age





Money

Ecclesiastical Insurance coverage achieved £18m of underwriting revenue on UK and Eire enterprise within the first half of 2024 as its mixed working ratio improved considerably to 84.2% from 106.6% in the identical interval of 2023.

The pink ink of a £6.5m underwriting deficit for the beginning of final yr had been pushed by giant losses following a hearth at St Mark’s Church in London in January 2023, and a £4.2m deterioration in prior yr legal responsibility claims.

We’re clearly delighted by these outcomes and wish to thank all our supporters for his or her assist in rising our enterprise in order that we may give much more to good causes, reworking lives and communities on this nation and overseas.

In the newest outcomes, for the six

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