Financial Ratings – Page 71
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Hastings grows GWP and market share amid Ogden turmoil
Insurer says data driven pricing will help it capitalise on Ogden turmoil
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Gallagher Q1 broking profit grows but group dips
Chief executive says Gallagher well positioned for rest of year after broking profit grows
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Towergate returns to organic growth and boosts profit
Towergate returns to organic growth after years of shrinking
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AIG unveils large Ogden rate hit
Ogden rate hit to affect troubled insurer’s first quarter results
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R&Q triples its profit and plots further non-core asset sales
Chief executive highlights ‘exciting growth potential’ as R&Q triples its profit
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Ryan Direct Group sold to Towergate owners
Ryan Direct Group joins Price Forbes, Broker Network and Autonet
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Huge Ogden rate hit pushes LV= GI unit to loss
Insurer’s GI unit would have made bigger profit without ‘extremely disappointing’ Ogden rate hit
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Ogden and IPT could push motor rates past 2011 peak
Motor rates jump in first quarter of 2017, Willis/Confused index shows
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Recovered Zurich now has firepower for acquisitions - analyst
Acquisitions back on the table for Zurich but large RSA-type deal unlikely
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Co-op reveals Ogden hit and 'substantial delays' to overhaul
Premium content: Ogden hit slashed Co-op’s motor underwriting profit
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Artificial intelligence and IoT dominate insurtech funding
Transformational technologies including artificial intelligence now comprise 70% of total value of raises
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Lloyd’s chair urges cost cuts as underwriting profit dives
Lloyd’s underwriting profit dives as big claims hit
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Motor broking surge boosts Saga insurance profit
Saga insurance profit grows despite discount rate hit and lower underwriting unit profits
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Aggregator costs eat into AA broking profit
New in-house underwriter performs ‘ahead of expectations’ as AA broking profit falls
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CFC top team to boost stakes as part of PE deal
Premium content: PE deal allows CFC top team to increase their ownership of specialist MGA
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Insurance staff share £35.6m Argenta windfall as Hannover Re buys firm
Premium Content: Employee trust reaps Argenta windfall of 142.5m
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Ecclesiastical UK profit more than doubles
Discount rate cut has ‘minimal impact’ on Ecclesiastical UK profit
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LV= has discussed merger and GI unit sale
LV= has discussed merger amid tough trading conditions, report said
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Simply Business snapped up by US insurance giant
US insurance giant plots US microbusiness expansion with acquisition of Simply Business