Insurance firms have bucked the trend of the top 50 as a whole once again this year, with revenues growing by an average of 7.8% and profits per equity partner (PEP) climbing 2.7%.

The group was the strongest performing among the ranked firms, being the only category aside from the mid-tier firms to experience turnover growth and far outpacing the all-firm average. Of the five insurance firms in the top 50, four saw a climb in rank in 2009-10.