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BCWA healthcare profits up

Private healthcare insurers BCWA Healthcare increased its profits by 466 per cent to £7m in 2000 from £1.5m in 1999, while its average return on investments was 8.7 per cent in 2000.

Earned premiums increased by 15 per cent to £52.5m in 2000, from £45.8m in 1999.

BCWA Healthcare managing director Martin Wren says: “In the absence of an unexpected surge in claims inflation, our much improved financial strength will assist us to limit premium rate increases in the future.”

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