Syndicate 1861 posts flat profits for 2015

ANV's flagship Lloyd's Syndicate 1861 experienced
year-on-year premium growth in 2015, alongside flat profits and a
steady combined ratio.
Profits remained flat at £11.43mn for the year.
Gross written premium (GWP) increased by 12.2 percent to
£222mn, which was largely attributable to a 37 percent
increase in US premiums to £80.4mn.
The year-on-year premium growth came despite challenging broader
market conditions - which ANV said should be considered an
achievement, given its