Adverse weather conditions were to blame for Esure's 1.9% dip in underlying pre-tax profits for H1 2016, which came in at £46.5m. " The company achieved a total investment return of £6.8m in the first half of 2016 and said the UK’s vote to leave the European Union had a limited impact on its investment return in the period. The company said it had been hit by the "adverse weather" of a prolonged cold snap and was also affected by an increase in fuel costs as well as higher operating costs. Sister company Gocompare fared better, with H1 revenues up 22.3% to £72.9m and operating profit growing by 9% to £14.5m.
Adverse weather conditions were to blame for Esure's 1.9% dip in underlying pre-tax profits for H1 2016, which came in at £46.5m. The company said it had been hit by the "adverse weather" of a prolonged cold snap and was also affected by an increase in fuel costs as well as higher operating costs. Sister company Gocompare fared better, with H1 revenues up 22.3% to £72.9m and operating profit growing by 9% to £14.5m.