Financial / Results – Page 199
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Online onlyGable's share price nosedives to two and a half year low
Gable’s share price continues to fall with 11% crash after two hours of stock market opening
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NewsEndsleigh reports 33% profit boost and 13% turnover growth in 2014
But increased pension deficit eats into broker’s net assets
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Online onlyUnrated Gable crashes to £5.4m loss amid reserving issues
Lichtenstein-based insurer vows further reserve strengthening in 2015 after announcing £7.5m reserving gap
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NewsRSA set to launch cyber product
Jon Hancock says RSA’s commercial book is moving back on front foot with premium growth and stronger broker relationships
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NewsUK motor premium drops by £400m as profitability improves
But industry COR still running at 101% and unlikely to get better, says Deloitte
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NewsAgeas Insurance assigned A- rating from S&P
Full rating follows Ageas’s decision to undertake reviews with ratings agencies after S&P stopped offering unsolicited ‘pi’ ratings
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Online onlyCapital rich Zurich has $3bn spare for large acquisition
Swiss insurer expects large treasure chest of excess capital by end of next year
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Online onlyAnalysis: Tory-led exit from EU ‘could hurt trade’
Uncertainty over future of UK’s EU membership could give potential partners jitters
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Online onlyHastings feels 'white heat of competition' daily, says boss
Insurer changed prices more than once a day in March
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Online onlyHastings premium surges by a quarter over Q1
Customer numbers have now reached 1.8 million at the insurer
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NewsBroker Network to unveil detailed loss ratios to tempt insurers
Insurer director Dene Smith said new information will help network negotiate better terms for members
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NewsS&P questions Pinnacle’s strategy as losses continue
Rating agency cuts insurer’s rating outlook to negative over concerns about business model
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Online onlyAnalysis: PRA returns reveal more commercial lines losses
Insurance Times has analysed the PRA returns of seven of the biggest insurers in UK GI. Who came out on top, and which commercial book of business is proving to be the biggest headache for insurers?
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Online onlyAnalysis: Aviva’s big Friends Life gamble
The merger is expected to achieve more than the mooted £225m cost savings, with 1,500 jobs likely to go but concerns remain over the creation of UK insurance giant with 16 million customers
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NewsAllianz’s Dye: Commercial competition rising across the board
Rivals are cutting rates and broadening terms and conditions, says chief executive
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NewsAllianz UK grows profit and GWP in first quarter
Insurer extends Sainsbury’s pet deal and plans to launch fourth mid-corporate product this month
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NewsPRA chief: UK insurers need more time on Solvency II
Andrew Bailey says implementing capital rules is his biggest task this year
