Bupa is healthy despite UK hit

PRIVATE health insurance company Bupa said yesterday group profits remained
healthy despite losing UK?customers in the recession.

For the full year ending in December, revenues at Bupa rose 17 per cent to £6.9bn, while pre-tax profit jumped 117 per cent to £417m. Stripping out impairments caused by revaluations and losses, pre-tax profit grew four per cent to £428m.

The company’s UK health insurance business was hit by a five per cent reduction in the number of policy holders, as rising unemployment reduced company policy holders.