Middlesea Insurance plc

Middlesea Insurance plc

Middlesea Insurance p.l.c.(MSI), announced that the Board of Directors of Middlesea Insurance p.l.c. approved the Preliminary Statement of Annual Results for the financial year ended 31 December 2007. The Board also resolved to recommend to the Annual General Meeting the payment of a final ordinary gross dividend of EUR0.12c81 equivalent to Lm0.05c5 (2006-Lm0.04c5) per share. 

– 

MSI announced that the Group’s Profit before tax for the financial year ended 31st December 2007 was EUR 9.318 million (LM4million) compared to EUR 8.518(LM 3.657) in 2006. Total income from insurance activities reached EUR 9.58 million (LM 4.11million) compared to EUR 9.486 million (LM 4.07 million). Earnings per share attributable to shareholders as at 2007 was in Euro, 27c0 (11c6) compared to 29c6 (12c7) in 2006.

For more details click title.