Insurance firm Windsor has raised its pre-tax profit to £1.75m in the six months to 31 March 2006 from £1.7m.
Brokerage and fees were 16% higher at £9.7m from £8.34m.
The company said positive contributions from its two principal operating companies and strong performances by the four acquisitions made during 2005 and at the start of 2006 have helped to offset the impact of lower rates and the rising costs of compliance with FSA regulation.
Chairman David Low said insurance rates remain under downward pressure, despite the losses caused by US hurricane activity in 2005, and the board sees few indications that this trend is reversing.
ds that Windsor remained well placed to achieve its objectives.
