Novae Group plc (NVA) : Company Profile and SWOT Analysis
Timetric's "Novae Group plc (NVA) : Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, key competitors, financial analysis, mergers & acquisitions, recent developments, key employees, company locations and subsidiaries as well as employee biographies.
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Examines and identifies key information and issues about "Novae Group plc" for business intelligence requirements.
Studies and presents the company's strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported.
The profile also contains information on business operations, company history, major products and services, key employees, and locations and subsidiaries.
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Novae Group plc (Novae) is an insurance and reinsurance service provider. The group offers a wide range of non-life insurance products. It offers insurance for bloodstock, cargo and specie, crisis management,energy,financial institutions,cyber and USA excess casualty. It also offers renewable energy insurance,marine insurance,medical malpractice insurance,personal accident insurance,political risk insurance,political violence insurance,professional indemnity insurance and general liability insurance. It also offers reinsurance for agriculture,aviation, general liability, marine, motor, property catastrophe and property per risk. Furthermore, it provides claims management services and underwriting services. It operates through Syndicate 2007 at Lloyd’s.The group operates two offices located in London and Bermuda. Novae is headquartered in London, the UK.
During FY2016, the group reported gross written premium of GBP901 million, an increase of 14.5% over FY2015. Its net written premium was GBP664 million in FY2016, an increase of 4.1% over FY2015.