Results – Page 109
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NewsLaw firm Parabis pays £7m to insurers to settle ABS debts
DLG will also become sole owner of its ABS while RSA will enter into joint venture with Carpenters
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NewsUK storms will significantly weaken 2015 household insurer earnings – Fitch
Ratings agency also warns that failure to keep up flood defence spending could lead to higher-than-expected claims for the UK’s Flood Re scheme
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NewsPrincipal buys iGO4's motorcycle book
The sale will leave iGO4 to concentrate on its core businesses; private motor, van and home insurance
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NewsReinsurance rate falls slowed at January 1 – Guy Carpenter
Property catastrophe reinsurance prices fell by between 7% and 10%
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NewsStorms' effect on property insurer profits 'only moderate'
Storms will slow down decline in premiums, but not reverse it, says AM Best
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NewsUK motor reinsurance rates show signs of softening
Loss-free policies got price reductions of up to 10% in January 1 renewals, says Willis Re
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NewsLoss of Elite motor account pushes NCI profits down 93%
Following a strategy review the group has been rebalancing its revenue and profit generation more equally in its three main business units
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AgendaSlater & Gordon facing legal action after Quindell purchase
The firm’s share price has slumped since purchasing the professional services arm of the now named Watchstone Group
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NewsInvestment in acquisitions drives fall in Cobra pre-tax profits
But surplus funds from disposals have produced profits of £800,000 in current year and enabled Cobra to reduce bank debt
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NewsDirect Line Group losing Nationwide is ‘a blow’ – analyst
Analyst reaction in aftermath of RSA winning deal from DLG
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Online onlyNationwide deal cements us as the top home player – RSA
RSA closing in on a billion pound intermediated account following Nationwide deal
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NewsAston Scott operating profits climb 22.1%
Broker plans to make targeted acquisitions over the coming year to supplement organic performance
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NewsBluefin buys Scottish broker Lomond MacDonald
AXA-owned broker says it is looking for more acquisitions
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NewsCarlyle confirms stake in Giles consolidator PIB
Giles predicts PIB will be ‘a major consolidator’
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NewsWillis/Towers Watson merger to go ahead after shareholders approve deal
Sweetened dividend for Towers Watson shareholders clinches key vote
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NewsFitch turns negative on Towergate ratings over debt and cash flow
Ratings agency says there is ‘significant execution risk’ with broker’s turnaround plan
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Online onlyAIG staff shock as top bosses are latest culled
Top level executives join UK boss Jacqueline McNamee in leaving the insurer
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Online onlyGiles consolidator on verge of winning backing for new wave of M&A
Nicolas Sarkozy’s half brother is a partner at private equity firm considering investment in PIB
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NewsWillis urges shareholders to vote 'Yes' on final Towers offer
Takeover terms are ‘best and final’ terms in $18bn offer
