Insurance Post

Hardy sings success of Bermuda move

Hardy Underwriting has a record pre-tax profit of £18.3m (2006: £16.8m) following its parent company's redomiciliation to Bermuda.

Gross written premium increased £147.5m from £106.1m in 2006, while combined ratio increased to 80.5% from 76.9% in 2006. Post tax return on equity 17.7% (2006: 17.8%).

Chairman of Hardy Underwriting

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