Results – Page 4
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Lloyd’s explains cautious 2023 COR projection despite strong performance
’I believe it’s better to give guidance that is really achievable,’ says chief financial officer
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Lloyd’s of London reports strong COR despite headwinds causing ‘substantial claims’
’Looking to 2023, we expect strong premium growth,’ says Lloyd’s chief executive
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Ardonagh Group’s ebitda grows by 22% in 2022
The group’s chief executive believes the group has now ‘topped out’ its initial business ‘vision’
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Insurance Times publishes full Five Star Rating Report: Commercial and Personal Lines 2022/23
Nearly 1,000 UK-based brokers participated in Insurance Times’ Broker Service Survey to inform this year’s exclusive report
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Catch up on insurers’ full-year financial results for 2022/2023
Find out the details around insurers’ latest full-year financial results with this comprehensive round up
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Ecclesiastical COR falls despite receiving ‘large claims’ in 2022
Chief executive Mark Hews said 2022 had been a ’transformational year’
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Outlook for 2023 positive despite ‘turbulent insurance cycle’ – Admiral
The insurer remains disciplined in its approach and competitive says its chief exec
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Weather events batter Direct Line’s 2022 operating profit
Acting chief executive Jon Greenwood said 2022 was a ‘tough year’
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Admiral Group’s share price plunges by 7.2% following 2022’s full-year results
The insurer still rewarded its staff with free shares, despite cutting its dividend
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Aviva’s ‘simple and nimble’ approach helped COR performance
The insurer says it has been ‘working hard on its efficiency’
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Aviva UK GI posts small rise in COR as ‘challenging market conditions’ bite
The insurer’s GWP also saw an uptick across last year
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Lloyd’s set to improve COR despite expected investment loss in 2022
The marketplace’s underwriting performance from 2022 is ‘as good as Lloyd’s has reported in recent memory’, its chief executive said.
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Admiral Group posts COR of 101.7% for 2022
The insurer’s group chief executive says she is ’proud of the agility and adaptability that Admiral demonstrated’ in 2022
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Hiscox looks for positives in profit slump as investments take a hit
‘We delivered the strongest underwriting result in seven years,’ says group chief executive
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Axa reports 4% hike in earnings
Gross revenues also rose by 7% across the group, said a statement
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Allianz Holdings posts UK COR of 99.2% for 2022
Combined revenue for the insurer’s UK businesses reached £5.6bn in 2022, its financial results showed
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Zurich UK’s P&C business posts COR of 95.5% for 2022
This figure represents a ‘robust performance given market conditions’, says the insurer
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Howden posts 19% organic growth in 2022 full year financials
The broker giant also revealed a 69% increase in ebitda to £565m
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Atec Group boosts revenue income by 28% in year to September 2022
The firm’s chief executive said that ‘this upward trend is set to continue, with solid plans in place to more than double the business again through organic growth over the next five years’
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Romero Group ebitda grows 38% for 2022
The independent broker also posted turnover growth of 24% for the year