Middlesea Insurance plc – Interim Financial Statements

Middlesea Insurance plc – Interim Financial Statements

Middlesea Insurance plc announced that the Board of Directors held its meeting on Thursday 7 August 2008 and approved the financial statements on a Group basis for the six-month period ending 30 June 2008.

Middlesea Insurance plc experienced a pre-tax loss of €2.1 million and pre-tax profit of €4.5 million, a gross premium increasing to €52.5 million, and a significant negative fair value movement in the investment portfolio.

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