tiprankstipranks
Trending News
More News >

Ecclesiastical Insurance Reports Record Profits and Achieves Charitable Milestone

Story Highlights
Ecclesiastical Insurance Reports Record Profits and Achieves Charitable Milestone

Don’t Miss TipRanks’ Half-Year Sale

Ecclesiastical Insurance Office ( (GB:ELLA) ) has shared an announcement.

Ecclesiastical Insurance Office PLC reported a record-breaking financial performance for 2024, with profits before tax rising to £82.5 million, driven by new business wins and a stable claims environment. The company achieved its ambitious target of donating £250 million to good causes since 2014, reflecting its commitment to societal contributions. Ecclesiastical expanded into new sectors, launched new products, and maintained high customer satisfaction, further solidifying its position as a trusted specialist in its industry.

More about Ecclesiastical Insurance Office

Ecclesiastical Insurance Office PLC is a specialist insurance group that is part of the Benefact Group, owned by the charity Benefact Trust. The company focuses on providing insurance services, particularly for iconic and irreplaceable buildings, with a mission to contribute to the greater good of society through charitable donations.

YTD Price Performance: 7.58%

Average Trading Volume: 81,631

Technical Sentiment Consensus Rating: Sell

For detailed information about ELLA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1