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Novae profits down on higher claims
04 March 2010
Lloyd’s of London insurer Novae reported a dip in 2009 pre-tax profits after suffering increased aviation reinsurance and credit losses.
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Lloyd’s of London
Novae
aviation
matthew fosh
Lloyd’s of London insurer Novae reported a dip in 2009 pre-tax profits after suffering increased aviation reinsurance and credit losses.
Net income slipped to £4.2m ($6.3m) from £40.2m in 2008 after the aviation reinsurance unit incurred losses...
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