06-09-2017 10:46 via insuranceinsider.com

Charles Taylor H1 adjusted profits up 1.2%

Adjusted profits at insurance services firm Charles Taylor grew
just 1.2 percent in the first half to £6.1mn ($7.9mn), as
expenditure on strategic business lines eroded earnings.Revenues increased by 36.1 percent to £100.7mn, but
investment on Charles Taylor InsureTech, developing global medical
claims and assistance capabilities, extending its third-party
administration services and developing its turnkey managing agency
tempered the company's earnings growth.
However, Charles Taylo
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