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Financial services group Ecclesiastical Insurance Office swung to a loss in the first half of the year as pandemic-led losses from investments offset higher premiums.
For the six months ended June 30, The company reported a pre-tax loss of £59.7m, compared with a profit of £42.8m.
Gross written premiums rose to £202.5m from £185m on-year.
The solvency II capital cover fell to 206% from 216%.
The company reported an investment loss of £48.9m as the pandemic hurt the performance of financial markets.
At 8:57am: (LON:ELLA) Ecclesiastical Insurance Office plc share price was 0p at 153.5p