Financial Ratings – Page 124
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NewsPrice 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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NewsNCI 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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NewsBrightside and Covéa seal private car deal
Insurer’s product will be on offer to broker’s online and affinity partners
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NewsQuindell shares jump 11% as big-name asset managers buy stakes
Soros Fund Management and Hargreaves Lansdown now among top shareholders
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Online onlyMotor 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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Online onlyCost of home insurance falls 5.3% over 2014 despite static Q4
Flood and storm claims have not affected premiums - AA
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NewsAviva unveils plan to axe 1,500 jobs
Five per cent of headcount to be cut if Friends Life deal goes ahead
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NewsBroker fee for running FSCS to halve
But for insurers they will have to pay 44% more towards the scheme’s running costs
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NewsHyperion chief: RK Harrison merger will be biggest focus of 2015
But David Howden insists his strategy is not driven by acquisitions
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NewsHyperion reports 20% profit rise and 7% organic growth for 2014
Broking group’s revenues increased by 19% to £199m
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NewsTowergate secured creditors submit formal takeover bid
Bid includes new money facility for cash-strapped broking group
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NewsMoneysupermarket expects 13% profit growth in 2014
Flattening motor rates boost insurance price comparison revenue
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NewsAM Best revises QBE’s rating outlook to stable from negative
Insurer’s capital level has been restored to ‘a strong level’, says ratings agency
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NewsAlan & Thomas buys fellow Brokerbility member
Bennetts Commercial’s team will all be retained and led by director Carole Lowe
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NewsHiscox agrees MGA purchase from R&Q
R&Q says disposal of the two high-net-worth agencies does not signal strategic shift
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NewsPrivate equity house Cinven buys Premium Credit for £462m
Buyer to turn premium finance firm into a ‘diversified specialty finance business’
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NewsQuindell criticised over "unacceptable" share options for new non-executive chairman
UK’s Corporate Governance Code recommends that pay for non-executive directors should not include options
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NewsNew chairman hire pushes Quindell shares back over the £1 mark
Stock jumps 26% on announcement of Richard Rose’s appointment
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NewsSenior hires and new divisions to help JM Glendinning beat growth target
Broker has created three divisions since 2012
