Charles Taylor makes good progress.

From: Investors Chronicle - magazine and web content | Date: September 18, 2007 | Copyright information

Charles Taylor reports steady progress despite continued dollar weakness Jonas Crosland

Charles Taylor's performance was not as grim as it first appears. Adjust for the recognition of deferred tax assets, and pre-tax profit rose 7 per cent, year on year, to GBP6.7m. In fact, adjust further for dollar weakness, and pre-tax profit would have reached GBP7m.

The group operates three divisions: management, adjusting, and a run-off unit, which manages insurance and life companies that have stopped writing business. The management side deals principally with the management of ...

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