Financial Ratings – Page 113
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NewsRSA shareholders voice discontent as 16% vote against director pay plans
155 million votes were also withheld over directors’ remuneration report
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NewsAndy Watson: Ageas’s motor COR will improve
Motor is an ‘attention point’ for insurer following claims inflation and Q1 underwriting loss
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NewsRSA UK hires transformation head as Lewis builds his top team
Insurer close to naming new UK and Western Europe COO
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NewsAviva’s Wilson and Tulloch hail return to growth in UKGI
Tulloch says company has ‘strong pipeline’ of new business
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GWP grows 6% at Beazley
Specialty lines premium grows 19% as rate increases help the book grow
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NewsRSA reports 6% premium growth in UK
Insurer grows personal motor NWP by 14% after ‘strong’ telematics performance
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Esure reports 5.8% increase in GWP
But home premiums drop as competition continues to put pressure on rates
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NewsAviva UK GI reports 1% premium growth and 98.3% COR in Q1
Chief executive Mark Wilson says group turnaround is ‘ahead of schedule’
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NewsYorkshire broker secures refinancing deal
Burley Group has moved to Yorkshire as sole banker following MacQuarrie’s exit from UK
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NewsAllianz group operating profit up 5% in first quarter
German insurer’s combined ratio rises two points to 94.6%
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NewsL&G GI premiums drop 4% in first quarter due to “disciplined pricing”
But direct business enjoys 16% boost
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NewsDirect Line chief hails ‘good start’ despite 0.9% GWP drop in Q1
Insurer achieved rate rises of 3.6% in personal motor
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NewsAon broking unit suffers 7% operating profit drop in Q1
Division achieves 3% organic growth but revenues drop 5% as exchange rates bite
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NewsCatlin delists from stock exchange as XL takeover takes effect
Money to transfer to shareholders on 15 May
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NewsMarsh parent’s Q1 broking profit rises 8% despite revenue dip
Division reports organic growth of 3%, which is offset by foreign currency movements
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NewsMoneysupermarket insurance revenue rises 12% in first quarter
Boost driven by ‘improvements to customer journey’
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NewsLancashire shareholders baulk at former chief’s retirement package
Nearly 30% of shareholders voted against the insurer’s remuneration report at AGM
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NewsSaga motor unit reports 77.9% COR and 37% profit growth
Company seeing ‘strong demand’ from insurers to join its motor panel
