Financial / Results – Page 105
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NewsAXA grows UK business amid increased P&C focus
The UK & Ireland saw gross revenues of £2.6bn for the first half of 2019
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AgendaEgan sees ‘early shades of growth’ at RSA as new regional broker business shoots up
After a period of shrinking UK premium to restore profitability, chief executive Scott Egan sees signs of green shoots in the broker channel
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AgendaRSA returns UK personal lines to profit at expense of premium
RSA takes a disciplined approach to personal lines pricing, resulting in a return to underwriting profit
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NewsDirect Line reveals Ogden hit as profits fall 10.2%
Direct Line reveals how much money the group lost through the resetting of the Ogden rate to -0.25%
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NewsDAC Beachcroft predicts ‘explosion’ of fraudulent bent metal claims
With legislation coming in April 2020, DAC Beachcroft says fraudsters are looking more into bent metal claims
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NewsPensions PI cover: Will FCA crackdown reignite insurer interest in difficult line?
Insurers have been pulling coverage in pensions PI for a number of years, but will the FCA’s recent intervention change things?
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AgendaFigures reveal impact of JLT deal in first Marsh results since merger
Marsh owner updates on the amount spent in acquisition costs and integration costs through purchasing JLT
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AgendaIrish leisure market’s insurance crisis with jobs threatened. Is UK next?
Brokers give their views on the challenges faced by the UK leisure insurance sector and how they compare to those in Ireland
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NewsSabre half-year profits lower amid lagging claims inflation
The firm is on track for its full year results
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NewsAston Lark hails revenue progression following merger completion
The group now operates from 25 UK offices, employing over 770 people and places £330m GWP
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News‘The inconsistency is breathtaking’ - claimant association slams ABI tracker
The ABI has said that premiums are likely to increase, despite the Ogden rate improving
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Online only“On the cusp of a disaster” – More building inspectors cease trading after failing to renew insurance policies
The trade body for private building inspectors gets behind insurance industry calls for stringent terms of cover to be changed urgently by the government
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Online only‘Terrific momentum’ - Gallagher hails 2019 as UK storms ahead
UK leads the way as Gallagher posts strong half year results
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AgendaEx-CEO Asplin ordered to pay £5.3m for DAS fraud
DAS will receive around £8.3m in compensation from Asplin and the other two defendants found guilty of defrauding the firm at last year’s trial
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NewsAllianz promotes from within for its new head of commercial pricing
From a management trainee scheme in 2004, Allianz’s new head of commercial pricing has worked her way up
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NewsGoCompare sees profits halved in H1, hints at exploring new sectors
Pre-tax profits halve but aggregator predicts a shift back to growth, and hints at potentially moving into other sectors
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NewsInsurer boost as governmment gives £2.9m for flood protection projects
Flood Re chief executive calls the new funding a “welcomed step forward”
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NewsCLS: the £350m MGA looking to ‘grow by 40% in two years’ through broker partnerships
The Munich Re-backed MGA looks to grow its broker book to grow the business “by 40% in the next two years.”
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NewsBeazley poised for profits bounceback as it focuses on broker relationships
Half-year profits soar by 189% compared to 2018
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AgendaInsolvent motor broker directors under investigation as XL Catlin legal case stayed
Administrator has been investigating the conduct of directors and has submitted a report to government department
