Financial Ratings – Page 136
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Brightside expects more motor capacity in 2013
Broker predicts record 2012 results as total policy sales grow 5%
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Prime Professions profit up 53% despite rate cuts
PI broker combats tough conditions with new business and cost-cutting
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Howden: Hyperion can continue growing without IPO
Broking group reports 12% organic revenue growth in year to 30 September 2012
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Towergate broking revenues remain flat despite 19 acquisitions
Network woes continue as revenues slump 14% but Hodges remains upbeat
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Homeserve UK profit rises 1.6% despite falling customer numbers
The insurance provider also experienced an 11% revenue drop following last year’s alleged mis-selling
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Charles Taylor’s adjusting unit still hurting from claims drop
Run-off business ‘performing strongly’ at nine-month stage
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Zurich UK GI profit halves on flood and commercial claims
UK chief Lewis hails better underlying loss ratio despite 101% COR
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Allianz UK can fix troublesome commercial lines - Torrance
Company planning to cut back in liability and mid-market commercial property
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Torrance slams ‘unacceptably poor’ Allianz UK commercial COR
Overall profit drops 7% and COR rises 0.9 points on £26m summer flood claims
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Spencer: Aviva UK commercial cuts to continue next year
Reductions averaged between 4% and 5% across commercial property and motor
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Ageas slows commercial growth after 105.4% COR
Smith: Company hoping for FSA approval of Groupama deal ‘over the next couple of weeks’
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Ageas COR improves to 98.6% in 2012 year-to-date
Insurer’s results show profit before tax 36.4% up on last year
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Marsh reports nine-month organic growth of 6%
Risk and insurance operating profit rises 14% to $1.05bn
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Crawford expects ‘significant’ Sandy claims volumes
Nine-month profit down 15% despite record Q3