Results – Page 126
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Catlin delists from stock exchange as XL takeover takes effect
Money to transfer to shareholders on 15 May
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Marsh parent’s Q1 broking profit rises 8% despite revenue dip
Division reports organic growth of 3%, which is offset by foreign currency movements
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Moneysupermarket insurance revenue rises 12% in first quarter
Boost driven by ‘improvements to customer journey’
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Lancashire shareholders baulk at former chief’s retirement package
Nearly 30% of shareholders voted against the insurer’s remuneration report at AGM
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Saga motor unit reports 77.9% COR and 37% profit growth
Company seeing ‘strong demand’ from insurers to join its motor panel
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Improvement program restructuring costs Willis $31m in Q1 2015
The broker says it has also generated savings of $10m as a result of operational improvement program
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Moody’s turns negative on Willis ratings over Gras Savoye plan
Willis planning to buy the remaining 70% of French broking group for €550m
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LV= chief hails ‘strong start’ for GI unit despite flat Q1 premiums
Growth in commercial and other GWP offsets slump in home and motor
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RSA's Hester facing investor backlash over pay
Investors have criticised the bonus paid to chief executive Stephen Hester as part of his long-term incentive package (LTIP)
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BHS suppliers facing trade credit insurance cuts
Retailer has sought to reassure insurers by signing deals with two new suppliers
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BGL founder tops insurance rich list with £700m wealth
Douw Steyn joins six other insurance names on the Sunday Times Rich List
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Gallagher broking profit rises 12% but group result halves in Q1
Broker spent $20.8m on acquisition integration in first quarter of 2015
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Admiral seizes on rule changes to scrap quarterly financial updates
FCA wants firms to concentrate on long term financial results
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Homer joins Cullum's consolidator and targets £1bn GWP
Company looking to buy brokers and make new hires
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More than £405m paid out for Independent Insurance claims - FSCS
FSCS is proposing a new scheme of arrangement
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Be Wiser's SME book 'on course' to exceed £30m GWP target
Broker has hired Richard Stride from Brightside to head up its commercial lines business
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AA: Motor rates now rising after 1% fall in first quarter
Broker expects prices to increase throughout the rest of 2015 as current rates are ‘unsustainable’
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Esure’s Stuart Vann gets 12% pay rise in 2014
But founder and chairman Peter Wood’s pay drops 3%
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Manchester broker eyes expansion with investment fund
J&A says investment from The Greater Manchester Loan Fund will be used to hire additional business development staff
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Hiscox finance chief to leave after 16 years
Stuart Bridges to join stockbroker ICAP as group finance director