Brit Posts Rise In Profit

Brit PLC reported a 39.7% gain in its profit after tax for the full year. The company's profit after tax climbed to 139 million pounds ($215.41 million), up from 99.5 million pounds in 2013. Gross written premiums surged 9.8% to around 1.3 billion pounds. Expenses rose to GBP907.9 million versus GBP895.4 million. Brit declared a final dividend of 12.5 pence per share and a special dividend of 12.5 pence per share.