Brit Insurance

Brit Insurance

Infobox Company
company_name = Brit Insurance Holdings
company_
company_type = Public (lse|BRE)
foundation = 1995
location = London, United Kingdom
key_people = Clive Coates, (Chairman)
Dane Douetil CBE, (CEO)
industry = Insurance
products = Insurance, Reinsurance
revenue = £1,259.5 million (2007)
operating_income = £201.0 million (2007)
net_income =£137.6 million (2007)
homepage = [http://www.britinsurance.com/ www.britinsurance.com]

Brit Insurance Holdings plc (lse|BRE) is a London-based general insurance and reinsurance group. It is a member of the London Stock Exchange and a constituent of the FTSE 250 Index.

History

The Company was founded as "Benfield & Rea Investment Trust" in 1995. [http://www.britinsurance.com/About/Overview/History Brit Insurance History] ] In 1996 it acquired "Stewart Syndicates Limited" and in 1999 it went on to buy "Wren PLC".. In 1999 it ceased to be an investment trust and relisted as "Brit Insurance Holdings plc".

Operations

Brit operates through its subsidiaries Brit Insurance Limited (which is licensed to write insurance throughout the European Economic Area) and Brit Synidicates Limited (which operates through Syndicate 2987 at Lloyd's of London). [ [http://www.britinsurance.com/About/Brit%20Structure Brit Insurance Structure] ]

ponsorship

Brit supports Surrey County Cricket Club, including the Brit Oval at Kennington in London.

References

External links

* [http://www.britinsurance.com/ Official site]


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