Financial / Results – Page 144
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Private equity house takes majority stake in run-off buyer Catalina
US Private equity house boosts holding in run-off buyer Catalina
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Moneysupermarket insurance revenues climb
Moneysupermarket insurance revenues up 15% in Jan-Sept
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Insurers brace for 5% reinsurance price rises amid S&P prediction
Insurers could face anywhere between flat and 5% price increases at the January renewals, according to S&P. Reinsurers have been hit by hurricanes Harvey, Maria and Irma and the Mexican earthquakes - meaning it is a ‘capital event’ for reinsurers. S&P expects third quarter catastrophe losses of more than $100bn ...
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Hyperion sale stake preparations begin - reports
Hyperion sale could involve a slice of the business sold off, according to reports
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Zurich half way to 2019 cost cutting target - chief executive Mario Greco
Zurich chief executive Mario Greco says insurer must also invest as well as cutting costs
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WATCH: AIG catches serial fraudster out on camera
A serial fraudster who faked a permanent disability has been sentenced to prison after AIG caught him walking on CCTV
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Claims firm Davies gunning for double-digit organic growth
Claims firm Davies reported 9% organic growth and big profit boost in year to 30 June
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Arron Banks broking group sets up new MGA to diversify capacity
New Arron Banks MGA backed by Gibraltar-based insurer
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Brightside hires former Chubb executive to lead M&A push
Ian McFadyean joins broking group Brightside
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Lloyd’s insurer Hiscox updates hurricane loss estimate
Lloyd’s insurer Hiscox reveals combined claims figure for hurricanes Harvey and Irma claims
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Lloyd’s bracing for multi-billion-pound hurricane hit
Lloyd’s to take big hurricane hit for Harvey and Irma
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Lloyd’s profit drops 17% amid ‘challenging’ conditions
Lloyd’s profit falls despite improvement in underwriting
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AA insurance profit boosted by motor growth
Motor book growth of 8% pushes up AA insurance profit as underwriting business breaks even
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AIG restructures under new boss Duperreault
AIG restructures as new boss Duperreault splits group into three
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Saga first half boosted by retail broking, travel
Saga first half results showed underlying improvement from retail broking, travel
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Ardonagh Group reveals prices of recent acquisitions
Ardonagh Group has bought an additional stake in Price Forbes in addition to recent purchases
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Ardonagh results: One-off hits mask underlying improvement
Acquisition, financing and investment costs hit Ardonagh results
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Brightside shows signs of improvement after sharp profit drop
Broking group Brightside reports sharp profit drop for 2016 after ‘tough year’