13 August 2024 - interim results
The specialist insurance group has announced its interim results for the six month period to 30 June and these have shown that the group grew strongly in the first half. Underlying operating profit rose by 44% to £249m driven by growth in new business sales and both the defined benefit derisking business and the retail business contributed to this. The former, which allows pension scheme trustees to use insurance solutions to secure the long term future of members' pensions, had a record first half with 55 transactions completed compared with 35 transactions in the first . . .
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