Results – Page 128
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Quindell accounting review expected to result in reduced profits
Quindell likely to have to restate some previously announced results
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Ageas secures A+ rating from Fitch
Rating is the first Ageas has received since public information ratings were stopped by Standard & Poor’s
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Quindell sells professional services division for initial £637m
Slater and Gordon will also pay 50% of fees received for all noise induced hearing loss cases to Quindell
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Shareholders approve Aviva’s Friends Life acquisition
Transaction expected to complete on 13 April
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MPs slam FCA over insurance blunder
Report criticises FCA for causing stock market mayhem
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Aviva shareholder questions £5.6bn Friends Life deal
Philip Meadowcroft is expected to say the deal is based on ‘flimsy foundations’
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Moneysupermarket founder scraps £100m share sale
Simon Nixon still owns 16.6% stake in the aggregator
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Admiral’s Henry Engelhardt gets 1.5% pay rise
Company unveils changes to its share incentive scheme
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AA broking division’s trading profit drops 6% as revenue falls
Trading EBITDA followed decline in revenue driven by fall in policy numbers
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AA plans £935m refinancing and new insurance underwriter
New money to pay down debt inherited under previous private equity owners
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Ecclesiastical UK posts flat underwriting profit at £9.8m amid improved COR
But group returns to underwriting profit of £9.2m from an £8.2m loss – the best for five years.
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ERS puts 380 jobs at redundancy risk as it closes Brentwood HQ
Chief executive Ian Parker insists move is not about cost-cutting as group headcount will grow by 28
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Berkeley pre-tax profits fall 77.5% amid refinancing and acquisition costs
But broker expects to see profit levels rise significantly in 2015 driven by growth in construction sector
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JLT chief Dominic Burke’s pay drops 22% in 2014
But chief executive in line for 5% base salary increase in 2015
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DLG's Geddes takes home £4.6m as earnings shoot up 84%
Chief executive benefited from a £2.7m pay out under the insurer’s long-term investment plan
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Large claims and Solvency II force Gibraltar insurer to close doors
Chairman tells Insurance Times insurer considered MGA conversion and sale but decided to shut
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Biba launches new service to help members access funding
Biba has partnered with Integritas to advise members on how to secure the right financial package for their businessBiba has launched a new funding facility with finance brokers Integritas to help members get access to funding. Integritas will advise Biba members on how to secure the right financial package ...