Financial / Results – Page 180
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AgendaHome insurance premiums rise 3.1% since IPT hike - Consumer Intel
However, premiums are considerably lower than they were in 2014
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AgendaFitch downgrades Amlin IFR to ‘A’, says outlook is ‘stable’
Ratings agency said new owner Mitsui’s own rating capped Amlin’s
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NewsAIG shares rise 5% after Icahn gets seat on board
Increase comes despite $1.8bn fourth-quarter loss
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AgendaAnalysis: Insurance bets on blockchain
The technology underpinning cryptocurrency Bitcoin could deliver huge efficiencies to the industry. Banks that are facing disruption are developing their own blockchain systems, but what’s in it for insurance?
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NewsBriefing: Finding growth in a difficult broking market
The questions facing Gallagher, now its acquisition-led strategy has slowed
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NewsGrowth slows at Gallagher UK as M&As tail off
UK broking and risk management revenue increased 5.6% in 2015
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NewsZurich’s Sharma: economy could drive further UK GI job cuts
Division on track to complete 440 planned cuts by end of March
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NewsZurich UK GI makes £62m loss after floods and large claims
COR jumps 17.9 points to 109.5% as GWP drops 4.4%
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NewsZurich to cut thousands more jobs as profit drops 53%
Insurer will axe 8,000 roles by 2018, including cuts already announced
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NewsLawyers fail to reach agreement in Gallagher court order against MGA
Mrs Justice Slade said her judgement was unlikely to produce the “perfect order”
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NewsABI blames IPT hike for rising home premiums
Combined buildings and contents rates up 1% in fourth quarter of 2015
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NewsWillis Group 2015 profits up, while UK profits edge lower
Newly combined Willis Towers Watson expects low-double digit revenue growth in 2016
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NewsGiles/McManus consolidator buys broker from Capita
The broker has bought Fish Insurance whose specialisms include travel, car and independent living insurance
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NewsAgeas drawn into latest row over Age UK commission deals
Ageas says long-term commercial partnership includes a typical commission that is in line with arrangements in insurance market
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NewsGovernment calls for early review of Solvency II amid competition fears
The Treasury and Bank of England have written to the European Commission - also calling for wider review
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NewsAon broking profit down 9% in 2015
But broker enjoys organic growth in commission and fees of 3%
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Online onlyAllied World shares crash amid profit plunge
Insurer blames tough underwriting conditions as combined operating ratio soars
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NewsMarsh parent’s broking profit rises 2% in 2015
Division’s revenue flat but organic growth was 3%
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NewsAA launches underwriting division as it targets 250,000 policies
AA Underwriting Insurance will expand from new telephone business to online and aggregator sites
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NewsZurich ‘prepared to shrink’ some businesses after scale of 2015 claims
Risk chief Reyes says the group should re-price or walk away from some risks
