Economy Esure says nine-month gross written premiums up nearly 16 percent

Esure says nine-month gross written premiums up nearly 16 percent

esure-group-plcBritish insurer esure Group plc (ESUR.L) reported a 15.9 percent rise in gross written premiums to 499 million pounds for the nine months to end-September, driven largely by growth in demand for its motor insurance products.

Motor gross written premiums at the insurer were up 18.3 period to 430.6 million pounds the same period, in its first results since a demerger from comparison site GoCompare.com (GOCO.L) on Nov. 3., a move which esure expected to boost performance.

esure, which provides insurance products to drivers, home owners, and holiday makers across the UK, said gross written home premiums rose 3 percent to 68.4 million pounds.

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