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Cover-More FC renewal

FLIGHT Centre has extended its agreement with Cover-More Travel Insurance, with the pact now valid through until 2024. That was one of the highlights of Cover-More’s half year results announcement today, which also confirmed the company’s 16.4% drop in earnings (TD Tue). CEO Peter Edwards said the result was achieved mainly by an increase in premiums paid to Cover-More’s underwriting partner in Australia in relation to claims costs. “The business also experienced one-off costs and invested to support our ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 19 Feb 16

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