Home insurance premium income increased 11 percent to 43.3 million pounds, with underwriting profit up 4 percent to 5 million pounds.
32.
The industry's last underwriting profit _ paying out less in losses and expenses than premium earned _ was in 1978, he said.
33.
Sun's U . K . underwriting profit was 44.1 million pounds, up from a loss of 16.4 million pounds a year earlier.
34.
The company said general insurance, a small part of Refuge's business, produced a first-half underwriting profit of 0 . 52 million pounds.
35.
Insurers had hoped to post an industrywide underwriting profit in 2003 on rising insurance rates in recent years and tighter underwriting standards.
36.
The company said general insurance, a small part of the Refuge's business, produced a first-half underwriting profit of 0 . 52 million pounds.
37.
The underwriting profit excludes profits from investments, which normally allow insurance companies to post net income even if they have an underwriting loss.
38.
Home insurance premium income increased 11 percent to 43 . 3 million pounds, with underwriting profit up 4 percent to 5 million pounds.
39.
The company said " improving results " in Denmark and in continental Europe should balance shrinking underwriting profit in the U . K.
40.
Sun Alliance said " improving results " in Denmark and in continental Europe should balance shrinking underwriting profit in the U . K.
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