Liability Risk and Insurance
DAS Legal Expenses 1999
Despite an underwriting profit rise from £0.8mn to £1.1mn and investment income from £8.2mn to £9.4mn, pre-tax profit was
down from £10.8mn to £6.7mn, affected by unrealised losses on investments of £3.8mn, compared with unrealised gains of £2.2mn
in 1998.