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Glacier reports $60m profit in 2009

09 March 2010

European insurance and reinsurance firm Glacier Group today reported improved net income for the full year of 2009 of $60m, an increase of $34m over 2008.

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European insurance and reinsurance firm Glacier Group today reported improved net income for the full year of 2009 of $60m, an increase of $34m over 2008.

Gross written premiums for 2009 were $469m, compared with $569m in 2008. This firm said this decline of more than 17% reflects its...


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If last year was the year of the cat, then this year could be the year of the debt crisis.

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