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Bupa revenue hits £2.1bn

Bupa’s revenue has increase 10 per cent to £2.1bn for the six months to June 30, 2007 compared to the same period last year.

It says total insurance customers are up 3 per cent since year end with an underlying pre-tax surplus of £172.4m, up 23 per cent.

Bupa chief executive Val Gooding says: “Bupa has maintained strong trading momentum in the first half of 2007. Customer numbers have risen strongly, reflecting the attractiveness of Bupa’s high quality health and care services
and generally favourable economic conditions in key markets.

“The group continues to invest significant funds in the development of its core businesses. This investment, and an anticipated return to historical claims levels in international insurance will slow the rate of growth in underlying surplus in the second half.

“We remain confident that Bupa has an attractive range of market opportunities. We will continue to invest in the business for the benefit of our customers.”

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