Financial / Results – Page 210
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Agenda
Battle to control Towergate hots up
With the clock running for Towergate to find a buyer, there is a growing potential for clashes between secured and unsecured bondholders
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Ex-Giles boss McManus to lead private equity bid for $300m Chaucer motor book – reports
Towergate bidders Apollo leading the race to acquire Chaucer’s motor book
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New dawn or false hope for Quindell?
Expectation mounts over PwC business review scheduled for the end of February
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TEn planning to target established brokers as well as start-ups
Network expecting more modest 20% GWP growth this year after 24.5% uplift in 2014
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Axis Capital merges with PartnerRe to create $11bn reinsurer
The new company will be among the world’s five largest reinsurers
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Green Insurance profits dip after withdrawal from unprofitable businesses
But withdrawal and integration of resources and systems helps acquisitive broker’s EBITDAE to improve
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Quindell latest: Australian law firm wants outsourcer's personal injury case files
Slater & Gordon confirms offer for personal injury files, but says talks for larger unit are at an early stage
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RSA's share price rises as turnaround efforts are praised
Analyst says the rebuilding of RSA is a similar story to Direct Line Group’s
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Quindell confirms it is in talks to sell unit to Australian law firm
Slater & Gordon has a growing presence in UK consumer law market
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Miles Smith eyes acquisitions with new Clydesdale banking facility
Lloyd’s broker says new finance will allow it to pursue growth plans
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Price comparison growth drives BGL’s 6% profit boost
Comparethemarket owner’s profit before tax grew to £93.5m after 13% revenue growth
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NCI to delist from ISDX Growth Market
Breakdown recovery firm and insurance broker to vote on plan at general meeting next month
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Brightside and Covéa seal private car deal
Insurer’s product will be on offer to broker’s online and affinity partners
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Quindell shares jump 11% as big-name asset managers buy stakes
Soros Fund Management and Hargreaves Lansdown now among top shareholders
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Motor premiums rise slightly but price increases slowing - AA
The average cost of a motor policy is now 10% cheaper than in 2013
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Cost of home insurance falls 5.3% over 2014 despite static Q4
Flood and storm claims have not affected premiums - AA
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Reviewing the 2014 London insurance market
Cyber, ILS and a female boss at Lloyd’s all promise a welcome new era for the hub
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Aviva unveils plan to axe 1,500 jobs
Five per cent of headcount to be cut if Friends Life deal goes ahead