Financial / Results – Page 117
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NewsCar premiums highest in a year, says Confused.com
Confused.com warns that the speed of price-rises is increasing, and the worst could be “yet to come”
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Online onlySaga broker profits hit by squeeze on market pricing
Saga today revealed it has been hit by the sqeeze between rising net rates given by panel insurers and the competitive price they sell products on the market.
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NewsAllianz cutting distribution costs through broker value analysis
Allianz is getting tough on brokers not providing the insurer enough value as it gets set to take action this year to cut its cost of distribution
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NewsHyperion spending big to ensure long-term value
Hyperion spending millions to buy back equity from ageing staff and ensure more shareholder employees of the future
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Online onlyBriefing: The financials revealing why Gallagher is becoming a UK consolidating giant
Briefing by content director Saxon East What do Giles, Oval, Heath Lambert and now Stackhouse Poland all have in common? They are all major Insurance Times/IMAS Top 50 brokers swallowed up by Gallagher this decade. Thousands of staff across the UK have joined Gallagher, and those with stock have ...
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NewsCadbury owner seeking $100m from Zurich over NotPetya claim
Believed to be the first serious legal dispute over how companies recover costs of a cyber attack
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NewsHyperion reveals total spent on acquisitions and investments in financial year
On release of the group’s year-end financial results, chief executive David Howden said he was comfortable with the increasing debt coverage ratio
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NewsJelf sells personal lines business to A-Plan
Jelf and A-Plan have agreed to a distribution arrangement as part of the deal
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NewsMarsh owners issue $5bn senior notes offering to fund JLT deal
The pricing terms of six separate bonds have been revealed
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NewsBroker in lawsuit with XL Catlin enters administration
The broker is accused of owing XL Catlin £800,000 in received premiums
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NewsGranite secures minority investment from private equity group
The private equity investors have previously invested in Bollington Wilson
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NewsPool Re to stop providing contingency terrorism cover
The commercial insurance and reinsurance market is now deemed to have enough capacity to carry the risk
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NewsHowden set to enhance employee benefits offering with acquisition
Howden completed two employee benefits-based acquisitions last year
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NewsKingsbridge acquires gig economy insurtech
The acquisition expands the group’s offering to freelance professionals
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NewsHotels seeking $10m in losses from disgraced city broker
The disgraced broker, a former MD for two Lloyd’s brokerages, has been given the nickname “The Pirate of the Caribbean”
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NewsAston Lark eyes new PE investor for 2019
Aston Lark wants to either add to or replace its current private equity backing in 2019
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News1,700 UK customers affected as Gibraltar insurer goes bust
Administrator brought in to oversee all outstanding claims payments
