Financial / Results – Page 176
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NewsAllianz sells UK employers’ liability run-off book
Deal is first significant UK employers’ liability acquisition for run-off buyer Catalina
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NewsBerkshire Hathaway backs London MGA’s motor fleet foray
Unicorn MGA set up by US broking group AmWINS
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NewsAIG Europe reports flat 2015 profit in tough market
Insurer cuts back in personal accident amid “challenging conditions”
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NewsRandall & Quilter buys Rank run-off company
R&Q will amalgamate acquisition into its Capstan consolidation vehicle in Guernsey
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NewsInsurers expect profits to slip over next three months
CBI-PwC survey sees profits under pressure from rising costs, low investment returns
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NewsRSA pays new finance boss Scott Egan £1.6m ‘golden hello’
Payments compensate Egan for bonuses he forfeited on leaving Towergate
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NewsAviva's underlying earnings 'going backwards' says analyst
Aviva’s underlying earnings have been “going backwards” in recent years, according to Berenberg insurance analyst Trevor Moss. In a sell note issued on the insurer, Moss said Aviva’s profits have been “heavily flattered” by one-off restructuring benefits, which he said are unsustainable. “In our estimation, underlying ...
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NewsCPP more than doubles underlying profit
Credit card insurer still aiming to get FCA restrictions lifted following 2012 mis-selling scandal
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NewsTowergate at centre of Highbridge UK M&A plot
Private equity house’s acquisitions of majority stakes in Towergate, Price Forbes and now Broker Network are just the beginning
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Online onlyAnalysis: Towergate at centre of Highbridge UK M&A plot
Private equity house’s acquisitions of majority stakes in Towergate, Price Forbes and now Broker Network are just the beginning
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NewsTowergate to repay insurers as it exits upfront commission deals
Market needs Towergate as a ‘challenger’ to Aon and Marsh, chief executive says
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NewsTowergate to sell majority of Broker Network to Highbridge for £46m
Deal part of £65m new funding plan
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NewsTowergate sets aside £19.8m to compensate clients
Company set to compensate clients for financial advice by Towergate Financial unit
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NewsDirect Line’s Geddes and Reizenstein to get 2.5% pay rise
Geddes took home £4.8m and Reizenstein £2.8m in 2015
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NewsWatchstone top team to get bonus on sale of units or company
Chief executive Indro Mukerjee and two others to get retention bonus
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News
NFU Mutual GI arm reports 83.7% increase in profits
Insurer’s COR improved by 10 percentage points despite £50m bill from December storms
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Online onlyJLT bosses take pay cut amid falling profits
Boss Burke still takes home multi-million pound package despite pay drop
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NewsFlood Re gets A- rating from S&P
Ratings agency will downgrade scheme if UK insurers do not use it sufficiently
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NewsS&P: Too-big-to-fail insurer rules face delays
2019 deadline for new capital standards is ‘overly aggressive’, said ratings agency
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