Financial Ratings – Page 105
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NewsHastings could announce IPO as early as September
Recent hires and strong results indicate that the company is close to a flotation
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NewsHastings becomes latest insurer to be hit by claims inflation
Net insurance claims in the first half of 2015 was up 18% to £86.8m in H1 2015
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NewsRates increase boosts Hastings pre-tax profits by 54.3%
Group chief executive Gary Hoffman said the improvement was also down to disciplined approach to underwriting
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NewsBriefing: Forget the settlement, Towergate's real story is yet to come
Now Towergate and Gallagher have settled, the real work begins on repairing the consolidator
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NewsRegulatory probes cost Towergate a further £1.6m in Q2
Broking group now expects ETV and UCIS redress payments, if any, to start in Q4
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NewsTowergate makes £58m H1 loss as restructuring continues to bite
But interim chief Scott Egan insists that the company is showing signs of improvement
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Online onlyEcclesiastical profit almost doubles in first half
The insurer will donate £15m to parent charity Allchurches Trust on the back of its results
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Online onlyBe Wiser looks to youth for recruitment drive
The broker aims to hire 120 apprentices by October
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NewsAmlin UK results ‘improved markedly’ in first half
COR drops to profitable 93% as re-underwriting efforts take effect
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Online onlyBroker plots N Ireland domination after Cullum consolidator backing
Abbey Bond Lovis plots acquisitions after MBO
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NewsEvercore to help as cracks appear in Zurich’s RSA deal
RSA and Zurich around £400m off each other in valuation
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Online onlyAviva calls time on Norwich City shirt sponsorship
The insurer has sponsored the Premier League team’s shirts since 2008
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NewsAdmiral and DLG future profits face decline as claims increases bite - Analyst
Latest RTA portal data shows whiplash claims have increased by 11% year on year
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NewsAdmiral hikes rates 10% as claims hit pre-Laspo levels
But shift away from higher risk drivers has cushioned insurer from trends
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NewsAdmiral COO: IPT is charged the ‘wrong way’
David Stevens says tax hurts those who can least afford it and should be a flat levy
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Online onlyProfessional indemnity and D&O sector to hit £1.5bn GWP by 2019
Growth driven by directors’ rising public exposure through social media and increasing regulatory activity
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NewsQBE Europe profit almost triples in first half
UK retail improvement helped produce ‘excellent’ underwriting result
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Online onlyQuindell founder Terry plots comeback with appeal for investors
Rob Terry wants retail investors to join Quob Park Estates
