Financial / Results – Page 185
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Online onlyJob cuts fail to quell growing calls to mull AIG carve up
Loss-making insurer faces battle to convince Wall Street as billionaire investor plots AIG slice up
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NewsRSA’s Lewis: Brokers understood personal motor exit
No more big withdrawals planned, UK chief executive insists
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NewsLarge claims nearly halve Zurich UK GI 9-month profit
Operating profit falls to £92.6m from £178.8m as GWP falls 3% and COR worsens by 7.7 points
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NewsRSA incurs large losses of £409m
The insurer said the amount was ’slightly worse’ than it had planned for
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NewsRSA UK premiums up 2% as group core falls 5%
In UK personal lines premiums were down 4% due to ongoing impact of RSA’s withdrawal from certain businesses
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NewsLancashire 9 months pre-tax profit falls to $121.5m from $135m
Company announces $188m special dividend payout to shareholders
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NewsAgeas’s Watson: CMA probe failings driving up motor claims costs
Company will sacrifice home insurance volume to stay profitable, chief executive says
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NewsApollo ‘no longer interested’ in buying Xchanging
Withdrawal could pave the way for Capita takeover
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NewsAIG chief: Icahn’s breakup plan makes no sense
Peter Hancock sees ‘tremendous benefit’ in combining life and non-life insurance
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NewsCompetition pushes L&G GI premiums down 11%
Insurer expanding its digital strategy with mobile-friendly platform
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NewsJLT insurance grows, but group cuts profit forecasts
Downturn in employee benefits and adverse currency movements offset better insurance result
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NewsDLG 9 months GWP rises 1.3% to £2.40bn
Growth in motor, commercial, rescue partly offset by decline in home insurance
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NewsPE house Odyssey completes Integro acquisition
Management team remains in place following takeover
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NewsGallagher rebrands delegated authority unit as Capsicum
Company says unit has ‘natural alignment’ with Capsicum Re subsidiary
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NewsQuindell to return £400m to shareholders
Capital repayment part of plan to give shareholders 100p a share
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NewsGallagher’s Ross court battle costs to exceed settlement amount
Broker to pay $4.5m a quarter until mid-2017
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NewsVan Hulle: SII impact on insurers ‘cannot be underestimated’
Creator of Europe’s new capital regime interviewed for new Global Reinsurance report
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NewsRyan Brown to leave Towergate as Mugge reshapes finance team
Broking group hires two from RSA and one from Deloitte
