Engage Mutual slips deeper into loss

Health cash plan provider Engage Mutual sank deeper into loss last year as its results for the year ending 31 December 2012 show, though mainly because of acquisition costs incurred, which are presumably non-recurring. Premiums earned decreased from £7.1m in 2011 to £6.9m. Total claims decreased by a larger amount to £5.2m (2011: 5.6m), leading…