Financial / Results – Page 175
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NewsFitch upgrades Ageas rating after legal settlement
Insurance group’s debt rating increased to A from A-
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NewsL&G’s Holweger: Home insurance rate rises needed
Rivals not factoring long-term weather claims into pricing, insurer’s partnerships MD says
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NewsIPT increase bad for consumers, neutral for Hastings, says CFO
Further tax increase would encourage clients to shop around more, says Hoskins
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NewsTowergate warns further 'IPT tax hike' could leave SMEs without cover
Kent area director David Armstrong says insurance sector is easy target for the Chancellor
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NewsDecember storms drive down L&G GI profits by 13.6%
The insurer incurred losses of £15m from December storms
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NewsHastings 2015 operating profit up 19% to £126m
Gross written premiums rise 27% while COR rises to 91.3% from 88.7%
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NewsLV=’s O’Roarke warns of rate inadequacy in SME
Company bolstering regional branches with more staff
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NewsLV= 2015 GI operating profit falls to £72m from £92m
Gross written premiums rise to £1.47bn from £1.39bn – and insurer warns of rate rises to come
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NewsAA: Chancellor could hike IPT to 12.5% in Budget
‘Drivers are not wallets on wheels’ says AA president
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Online onlySurge in online customers forces broker Hughes to shut half its branches
Northern Ireland broker can’t keep branch structure amid online surge
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Online onlyAviva boss in digital war cry as customers flock online
Chief executive Mark Wilson puts digital at heart of business plan amid surge in online users
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NewsTulloch: Aviva’s stance on spurious claims helped 2015 COR
Home book performed the best as a result of the insurer exiting unprofitable deals
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NewsAviva eyes bolt-on acquisitions as it delivers £9.7bn surplus
Group boss Mark Wilson attributes 20% increase in operating profits to a better strategic focus
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NewsInsurers' results highlight Solvency II differences - Fitch
Ratings agency looks at effects of diversification, investment and risk strategies on Solvency II ratios
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NewsCharles Taylor 2015 pre-tax profit up 24%
Company says results demonstrate strength of diversified model
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NewsAviva 2015 UK GI operating profit slips to £368m from £455m
UK GWP rises, but COR slips, hit by cost of floods.
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NewsEsure under fire for boosting profit with extra charges
GoCompare owner says Daily Mail’s breakdown of its finances ’not meaningful’
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NewsEsure’s Vann: motor market still needs more rate increases
Chief executive sees opportunities to grow profitably
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NewsSompo Canopius close to selling broker-only UK motor book
Sompo plots exit from UK motor as trade buyers circle
