B.P. Marsh & Partners has announced a £97.2 million increase in its Net Asset Value, reaching £326.4 million for the year ended 31 January 2025, a 42.4% rise compared to the previous year.
Meanwhile, the firm has reported a consolidated profit before tax of £104.7 million for the year ended 31 January 2025, up from £43.6 million the previous year. Total shareholder return also rose by 44.2% to £101.2 million, and the value of B.P. Marsh’s equity portfolio increased by 83.5%, after adjusting for additions and disposals, to £224.1 million.
B.P. Marsh explained that results for the year benefited from two significant disposals, the sale of its interests in LPR and Paladin.
“Together, these disposals realised £65.7 million, contributing to a significantly increased cash and treasury balance of £74.1 million as at 31 January 2025,” the firm added.
Commenting on the results, Brian Marsh OBE, Chairman, said, “I am pleased to report a year of exceptional performance, realisations, new investments, and cash returns to shareholders. B.P. Marsh creates real value, and, with a robust and diversified portfolio, we will continue to identify opportunities, support entrepreneurial teams, and exit only when appropriate.
“While the geopolitical picture continues to produce tension and uncertainty, we have more than succeeded in achieving our objectives. This resilience, reflected in our 42.4% NAV growth, the successful exits from Paladin and Lilley Plummer Risks, and the strategic addition of iO Partners stems from the dedication of our team, the foresight of our investors, and the innovation of our portfolio partners.
“My gratitude extends to every stakeholder who contributed: investors who share our long-term vision, management teams who trust our partnership, and colleagues who exemplify integrity in action.
“As we look ahead, I am proud to say that one of B.P. Marsh’s greatest strengths lies not in its capital alone, but in the people who steward it.”
In related news, Amiga Specialty, an independent international Managing General Agent (MGA) based in London and backed by B.P. Marsh, has recently launched with the ambition of becoming a leading player in the global insurance MGA market, fueled by strategic acquisitions and robust organic growth.
