Financial Ratings – Page 131
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News
NCI to reduce reliance on motor insurance after ‘challenging period’
Breakdown recovery firm and insurance broker posts 28% rise in profit despite motor troubles
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Charles Taylor announces steady half-year profits
Interim dividend of 3.25 pence a share to be paid
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NewsHastings chief: Personal motor rates could turn this year
Insurance group planning to ‘ride the wave’ of aggregator growth in home insurance, says Gary Hoffman
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Hastings Group profits up 90%
Insurance group says positive results are due to new business and improved renewals
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R&Q suffers ‘weak’ first half with £898k loss
Result hit by transaction delays and timings of payments, says chief executive Ken Randall
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Ecclesiastical UK underwriting profit improves despite £9m weather claims
Group returns to underwriting profitability for first time since 2009
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QBE Europe first half profit rises 11% despite £85m UK storm bill
Group to raise £448m of equity and partially float lenders mortgage insurance business
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A-Plan profit rises 11% as turnover grows 10%
Broker’s EBITDA rises almost 12% despite tough conditions
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Flood claims push Amlin UK to first-half underwriting loss
Bad weather boosted Lloyd’s insurer’s UK COR to 102%
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Brit boss admits he would have liked a warmer stock market welcome
Mark Cloutier revels in insurer’s first-half performance
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Admiral co-founder: UK motor rate drops are over
Company claims number two spot in telematics market
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IPO and foreign exchange costs eat into Brit’s first-half profit
Insurer’s profit before tax would have risen 71% without costs
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Admiral UK motor profit up 8% despite 8% turnover drop
But insurer continues to warn that lower rates will squeeze future profit margins
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Allianz UK’s growth came at a price in first half
Profitability and personal lines COR hit by expansion plan expenses
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Allianz UK’s first-half profit down 25% after Q1 weather hit
But chief executive Jon Dye says profit is back on track after Q2 ‘rebound’
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Catlin beats expectations with 118% profit surge
COR improves by 3.1 points to 85% despite catastrophes and Malaysian Airlines loss
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Dave Smith: Zurich UK’s 2% GWP growth is ‘absolutely sustainable’
Profit improvement driven by both personal and commercial lines
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RSA’s Jon Hancock pledges better UK performance in second half
Commercial MD also promises an end to restructuring shocks
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Aviva achieves group wide cost savings ahead of schedule
Insurer has saved more than £568m since it introduced the savings target
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Commercial slump pushes RSA UK into £24m underwriting loss
Commercial COR of 104.5% cancelled out profitable personal lines performance
