Caribbean-based Guardian Holdings reported profits of $81m for the first half of 2004, up from the $19m reported for 2003.
The company, which owns UK-based Link Insurance, said the results reflected its continued strong operating performance in all its market categories and geographic territories.
Net premium income from its general insurance business grew by 32%, while net premium income from Guardian's Dutch Caribbean-based insurance company grew by 14%.
Operating profit for the six months ending 30 June 2004 reached $297.7m, up from the $184.0m reported for the first half of 2003.
Group chief executive Peter Ganteaume said: “Given the solid profit performance of the first half, the continued improvement in the economies in which we operate, especially Trinidad and Tobago, and the desire of our staff to be the best in all the markets in which we compete, we are confident that the second half of the year will mirror the excellent performance of recent years.”
