Financial / Results – Page 187
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BP Marsh’s profit doubles in first half
But chairman Brian Marsh bemoans stock market valuation
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XL hit with £84m catastrophe claims bill
Insurer to pay out for China port explosion and Chilean earthquake
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Hastings and Advantage get two-notch upgrade from Moody’s
Ratings boost triggered by last week’s IPO
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Willis promotes internally for UK construction head role
Alex Clayton will start his role from 1 November
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Analysis: Family, friends biggest influence on policy purchase
Research shows we pay most attention to our nearest and dearest when choosing insurance policies
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Personal motor market returned to loss in 2014 – Towers Watson
Rising claims costs and aggressive price competition push COR to 101.3%
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EY predicts drop in home profitability in 2016 after strong 2015
Market will produce its best COR for 11 years in 2015 but rising costs will hit results
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Lucas Fettes to set up MGA and make small acquisitions
Broker’s operating profit fell 45.6% in year to 31 March 2015 but pre-tax profit grew to £4.2m as result of property sale
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Fitch raises Hastings' outlook to 'positive'; Affirms IDR at 'B+'
Outlook revision follows completion of Hastings’ IPO
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Xchanging board backs Capita's £412m offer
But Xchanging has confirmed it is still in talks with rival bidder Apollo
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Insurers rail against ‘systemically important’ label – report
Too-big-to-fail insurers will face higher capital requirements
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Hastings shares drop 4.7% in first day of trading
Stock will begin full, unconditional trading on Thursday
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US broker tipped as frontrunner to buy Henderson
Insurance Times understands acquisitive American broker with major firepower wants Henderson
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Autonet owners share £6.7m jackpot amid booming profits
Autonet’s rising policy numbers helps combat decline in average premiums
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Co-op shifts GI business to main group from subsidiary
Move designed to align customer-facing units and prepare for Solvency II
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Insurers face pressure to publish Solvency II financial results
But analysts concerned about comparability of results within UK and across Europe
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'We never stopped making acquisitions' - Gallagher's Chilton
Gallagher is involved in a number of acquisitions that are going through the approval process
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Chilton: Gallagher integration will continue into next year
Company is trying to consolidate around five or six regulated entities
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Cooper Gay’s profit did not cover interest in year to June – Moody’s
Rating agency continues review of indebted broker’s ratings for possible downgrade