GRP Ebitda trebles as acquisitions mount

Ebitda at UK broker-consolidator Global Risk Partners has trebled
to £12mn ($15.2mn) for the year ended 31 March as the group
accelerated the pace of its acquisitions.
In the same period in 2015, GRP reported an Ebitda of
£4mn.
Gross written premiums more than doubled to £400mn from
£150mn a year ago, while trading profit also surged to
£5.3mn from £2.4mn, reflecting additional earnings from a
number of acquisitions of managing general agencies (MGAs),
Lloyd's