Brit Insurance Holdings

Brit’s management is adamant that the risk appetite constraints imposed on the group in 2006 will not be materially relaxed for 2007 on the back of a single benign year

Although the UK based Brit Insurance Holdings posted a record net profit of £133.8mn in 2006, a 181.0% improvement over the previous year, the result could have been significantly higher, according to the group’s chairman, Clive Coates.