Results – Page 116
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Online onlyBrit invests in MGA Ambridge as US expansion continues
Ambridge is based in both London and New York
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NewsZurich was 'aware' of concerns before dumping RSA
Zurich’s failed RSA bid is brushed aside by analysts who never warmed to the deal
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NewsR&Q warns on full-year results after £4.5m H1 loss
Company launches review of business model, but expects full-year profit
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NewsAA’s new underwriting unit to have £7m of capital
Capital will be supported by reinsurance and co-insurance
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NewsAA’s insurance profit drops 10% as tough conditions bite
Company expects IPT hike to boost competitive pressures in motor
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NewsHead office closure helps Higos grow underlying profit by 53%
But broking group makes statutory loss after accounting change
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NewsBrightside/Autonet 'deal' breaks down - sources
Recently departed chief exec Andy Wallin is understood to have been driving the Autonet deal
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NewsGoldman to get 400% return from Hastings IPO – report
Float could value insurance and broking group at £1.5bn
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NewsHastings CFO: IPO will remove any doubt about Advantage capital
Company may float more than 25% of shares if investor demand is strong
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NewsHastings announces £180m share placing in IPO
Group to list on London Stock Exchange in October, targeting 2.5 million customers by 2017
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NewsUK liability reserves boost European run-off market
Non-life European legacy insurance market is estimated to be worth €247bn (£181bn)
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NewsPremiership clubs buy more cover amid injuries and higher wages
The insurance will enable Premier League clubs to claim back salary when players are injured
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News‘Strong notes of caution’ in Lloyd’s results despite good first-half
Market’s finance director warns of pricing pressure as five business lines report CORs over 100%
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NewsGable seeks to raise capital to meet Solvency II requirements
Insurer looking at reinsurance and debt to make up additional funds required for new capital regime
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NewsGable makes £2.4m first-half loss as it continues to close reserve gap
Unrated insurer adds another £3.8m to close gap between reserves and actuaries’ estimates
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NewsLloyd’s first-half profit falls 28% as rate cuts bite
Results also hit by falling investment returns, which almost halved
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NewsQuindell buys remaining stake in Canadian rehab firm
PT Healthcare owns just under 100 clinics plus an additional 150 treatment sites.
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NewsStackhouse Poland sees steady growth amid acquisition strategy
The broker says that it will continue on the acquisition trail
