Financial / Results – Page 127
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NewsGoCompare posts record H1 results
Aggregator credits cost savings and technology improvements as revenues remain flat
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AnalysisBig Question: Should the FCA scrap broking commissions in favour of a fee based system?
Insurance Times asks some of the leading figures in the industry: “Should the FCA scrap broking commissions in favour of a fee based system?”
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NewsAviva to start shares payout
Aviva to start its preference shares compensation payout this week
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NewsHiscox on course for 1 million retail customers after strong H1
Hiscox reported sharp improvement in first half results amid more stable rating environment
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NewsCost of M&A insurance falls 39% since 2015
Average policy limit as a percentage of deal size increased, while the cost of merger insurance fell, according to data from insurance broker JLT
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NewsAJG group broking boosted by higher rates
AJ Gallagher’s broking benefits from an increase in rates across the board, and sees further modest rate increases through the remainder of the year
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NewsMotor costs fall for second quarter in a row
ABI figures reveal the first year-on-year quarter fall since 2014
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NewsAston Lark revenues up 6% since merger
Chief executive Peter Blanc said he was delighted with the first set of annual results since the merger of Aston Scott and Lark Group
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NewsChinese investor eyes Ageas – report
China’s Fosun is reportedly considering buying all or part of Ageas
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NewsClear strikes private equity deal and vows acquisitions surge
SME broking group says new private equity backers will help fund future acquisitions
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NewsExclusive: Bexhill applies for banking status
Exclusive: In a bid to compete with Premium Credit and Close Brothers, Bexhill is looking to gain banking status to provide “an alternative for brokers”
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NewsBeazley shares fall sharply on H1 results
The Lloyd’s insurer saw its shares fall sharply in early trading
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NewsBeazley profits fall on reserve strengthening, lower investment returns
Underlying business shows strong growth, with premiums up 15%
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NewsMoneysupermarket sees growth in switching behaviour
The aggregator says motor seeing fewer customers, but they’re switching more
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News‘We are a cash-in type consolidator, we don't buy fixer-uppers,’ says McManus
PIB chief says he has no time for companies who just want a quick fix
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NewsAbbey owners selling founding members' shares to US-equity firm
Prestige, who owns Abbey Insurance, announces it is selling half of its shares to American equity firm
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NewsArdonagh 'in advanced talks to buy Nexus' - sources
Industry sources say a deal is “weeks away”
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NewsBe Wiser signs new long-term premium finance deal
The new deal with Close Brothers will see the partnership extended into the 2020s
