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Ecclesiastical announces record assets, record giving and pre-tax profits ahead of expectation at half-year (Ecclesiastical ...

(Source: Ecclesiastical Insurance Office plc) Summary: Pre-tax profit of £35.3m (£18.4m profit in H1 2014) ahead of expectations Strong growth in underwriting profit of £14.3m (£3.8m profit in H1 2014) Increased momentum in the first half of 2015 enables a further £15m to be paid to charity in September 2015 Financial overview: Pre-tax profit of £35.3m (£18.4m profit in H1 2014), ahead of expectations Group combined operating ratio is 85.8% (96.7% in H1 2014) - UK & Ireland COR at 81.9% (95.7% in H1 2014) Underwriting profit of £14.3m (£3.8m profit in H1 2014) Investment returns of £21.6m (£16.8m in H1 2014) General business Gross Written Premium of £153.9m (£164.4m in H1 2014) - UK &...

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