Co-operators reports profits of $30.3 million for 2007 Q3

The Co-operators General Insurance Company reported profits of Cdn$30.3 million for 2007 Q3, compared to Cdn$18 million for 2006 Q3.
The improvement was due to stronger underwriting performance, according to The Co-Operators.
Gross written premium increased 4.1% to Cdn$571.9 million in 2007 Q3, compared to Cdn$549.3 million in 2006 Q3. The increase is primarily due to growth in the auto and home lines of business in western Canada, according to a release.

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