Financial / Results – Page 126
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NewsZurich UK GI returns to profit as SME focus offsets weather losses
Zurich UK GI benefits from underwriting discipline and a shift in business mix
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NewsRival insurers resist following Aviva’s cheaper e-trade strategy
Insurers say they doubt whether brokers would want to purchase personal lines products through an e-trade platform
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NewsWeather pushes L&G GI into H1 loss
Without the Beast from the East, L&G’s GI business would have posted strong profit growth
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NewsHastings profits soar as market share grows
Hastings credits underwriting discipline with positive first half results
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NewsICB Group and Finch to collaborate after Verlingue completes acquisition
Verlingue’s acquisition of ICB Group triples its size in the UK market
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NewsClear Group will acquire bigger brokers after ECI equity deal - CEO Howard Lickens
Clear Group boss Howard Lickens tells Insurance Times how the consolidator plans to use new funds made available from the deal with private equity partner ECI
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NewsLV= commercial lines brokers switching face Allianz commissions
LV= brokers invited to transfer to Allianz will be treated as any other new business
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NewsAllianz H1 profits up 17.5% ahead of LV= transfer of commercial lines
Allianz will send out invitations to LV= commercial lines brokers on Monday
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NewsAviva anticipating motor to bounce back after revenue fall
General insurance MD Rob Townend says Aviva will not go chasing the personal motor market for short-term gain
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NewsAviva general insurance profits down 9%
Chief executive Mark Wilson blamed the Beast from the East for the fall
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NewsAXA UK profits up 28% on the back of strong commercial showing
Overall revenues grew by 2% despite a fall in personal lines growth
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NewsRSA UK posts £39m profit despite personal lines losses
Adverse weather in the UK cost RSA £18m, resulting in a personal lines loss
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NewsCo-op reportedly eyes £300m insurance arm sale
The Co-op Group is assessing its options, but has reportedly already spoken with potential buyers
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NewsDirect Line H1 hit by end of partnerships
DLG key figures hit by end of deals with Nationwide, Sainsbury
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NewsAston Lark completes second acquisition
Kent-based Michael James Insurance will combine with the existing Aston Lark Maidstone office in the coming months
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NewsGRP acquires Chesterfield broker
DCJ founder David Jones said he hoped the GRP deal would enable the broker to grow by acquisition
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NewsSabre posts improved H1 results, but forecasts flat H2
Motor insurer maintains focus on COR rather than growth
