Press Release 28 August 2009
Business highlights
· Adjusting division revenue up 20%, with increased productivity helping drive profit up 46%
· Group revenue growth of 15%, significantly enhanced by exchange rates
· Standard Club further growth in tonnage
· Signal management fee agreed until 2013
· UK Government statement supportive of public sector mutuals
· Acquisition of Axiom to broaden London market insurance services
· Creation of Insurance Support Services division
· Expansion of Aviation services through acquisition of asset management business
· Increased dividend by 5%.