Financial / Results – Page 96
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NewsGallagher becomes preferred broker for Greater Manchester councils
The broker wins a four-year appointment to work with 10 local boroughs
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NewsUK motor headache continues for excess of loss reinsurers
Unexpected discount rate change was a particular problem highlighted by reinsurers
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NewsMike Crane to head up L&G general insurance division as Allianz completes takeover
Allianz bought L&G’s GI business for £242m
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NewsGRP promises more acquisitions in 2020 as run rate income grows
But the group posted an actual loss for the 2018-2019 accounting period
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Online onlyMotor insurers preparing for reinsurance rate hike as Ogden hits hard
Rates for motor excess of loss policies could rise by as much as a fifth at the 1 January renewal date
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NewsTulloch takes u-turn on Aviva’s potential break-up plans
The chief executive says the insurer is ‘stronger together’
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NewsSRA opts not to change lawyers’ minimum professional indemnity cover
The authority will be maintaining the existing ‘one-size-fits-all’ model
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NewsAtlanta Group gives three employees a brand-new car for Christmas
The UK insurer has been rewarding staff through its annual 12 Days of Christmas giveaway
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NewsAmlin confirms run-off date for four of its UK P&C lines
The move is part of the insurer’s wider strategic reorganisation
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NewsPenetration rate for SMEs buying insurance falls by 1.3%
But, GWP increases as those that do purchase insurance opt to buy more
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NewsHelios Underwriting acquires Lloyd’s limited liability member at 16% discount
The listed investment organisation extends underwriting capacity with new purchase
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NewsWillis IRM acquires Leeds-based broker
The Belfast insurer expands its presence in Yorkshire with this latest purchase
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NewsGefion ‘working on several solutions’ as Danish regulator sets liquidity deadline
The unrated insurer says it hopes a series of measures will turn its fortunes around
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NewsThomas Miller Specialty snaps up Lodestar book
Lodestar marine underwriter moves over as part of the deal
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NewsLegal expenses insurer enters administration
The company stopped writing new business two years ago
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FeaturesIs a MBO the way to go?
As merger and acquisition activity in the UK broking sector shows no signs of slowing, the choices for brokers at the smaller end of the scale are limited
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NewsBravo Group’s Saffron Insurance snaps up Cambridge-based broker
The East Anglian broker clocks up its fourth acquisition for 2019
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NewsLloyd’s secures £300m loan to fund Future at Lloyd’s blueprint
The market has taken advantage of low interest rates to implement first phase of manifesto
