Financial Ratings – Page 102
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NewsAA: Home rates now ‘artificially low’ after 6.3% drop in Q3
Harsh winter could cause big spike in premiums, insurance broker warns
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NewsRFIB completes sale of majority stake to PE firm
Lloyd’s broker says it will acquire teams and businesses with new backing
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NewsACE and takeover target Chubb report higher Q3 earnings
Shareholders in both firms due to vote tomorrow to approve deal
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NewsFree webinar series launches tomorrow - register now
Webinar series will explore key issues for brokers and insurers
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NewsAdmiral's alternative business structures report £6.2m pre-tax profit
Admiral Law and BDE Law handle claims for Admiral’s non-fault motor customers
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NewsBP Marsh plans to expand Nexus stake further
Future of stake in Bessso still undecided, says chairman
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NewsBP Marsh’s profit doubles in first half
But chairman Brian Marsh bemoans stock market valuation
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NewsXL hit with £84m catastrophe claims bill
Insurer to pay out for China port explosion and Chilean earthquake
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NewsHastings and Advantage get two-notch upgrade from Moody’s
Ratings boost triggered by last week’s IPO
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NewsWillis promotes internally for UK construction head role
Alex Clayton will start his role from 1 November
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NewsPersonal 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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NewsEY 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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NewsLucas 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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NewsFitch raises Hastings' outlook to 'positive'; Affirms IDR at 'B+'
Outlook revision follows completion of Hastings’ IPO
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NewsXchanging board backs Capita's £412m offer
But Xchanging has confirmed it is still in talks with rival bidder Apollo
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NewsInsurers rail against ‘systemically important’ label – report
Too-big-to-fail insurers will face higher capital requirements
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NewsHastings shares drop 4.7% in first day of trading
Stock will begin full, unconditional trading on Thursday
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NewsUS broker tipped as frontrunner to buy Henderson
Insurance Times understands acquisitive American broker with major firepower wants Henderson
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NewsAutonet owners share £6.7m jackpot amid booming profits
Autonet’s rising policy numbers helps combat decline in average premiums
