Results – Page 8
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NewsEcclesiastical reports pre-tax profit despite slight COR increase
Despite the UK ’still living with Covid-19’, the insurer believes it has had ’an outstanding year’ in 2021
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NewsMinster Law to offer brokers claims service that is ‘bothered’ about protecting indemnity spend
Chief executive reveals that law firm is ‘absolutely exploring’ how to support smaller brokers with claims
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IT InterviewSelling commercial arm enables Ageas UK ‘to do exactly what we intend’ in personal lines market
The insurer’s chief executive believes ‘average just isn’t good enough’
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NewsDirect Line Group recovers from 2020 dip with improved year-end financials
The group’s GWP remained broadly stable, despite its motor book seeing a tumble in turnover
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NewsERS premiums and COR hit by Covid-19
Underwriter confident of disciplined underwriting strategy despite results dip
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NewsAviva ‘opportunistic’ around ‘bolt-on transactions’ following Axa XL deal
Plus, the insurer’s UKGI gross written premium was ‘up 7% to just under £5bn’ in 2021
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AnalysisHiscox to sharpen focus towards more balanced portfolio
Hiscox group chief executive discusses why the insurer will be rebalancing its portfolio and focusing on opportunities in its digital retail arm
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NewsAdmiral’s UK motor book drives up business profit for 2021
The insurer’s financial results have mostly improved since 2020 thanks to its ’sameness in our core values and our approach to our people, customers and products’
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NewsEsure records ‘minimal’ 2021 profit ahead of focusing on digital-centric strategy
Around 80% of the insurer’s profitability is being reinvested back into developing the business
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NewsHiscox UK sees 9.9% GWP rise in 2021 despite ongoing Covid impact
The outlook for Hiscox UK remains ‘positive’ as the insurer expects to accelerate its digital acquisition channel
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NewsAviva increases general insurance GWP by 6% to reach ‘highest sales in over a decade’
The insurer’s UK commercial lines business grew by 15% last year
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NewsAxa UK and Ireland reports 3% rise in gross revenue for 2021
The wider group, however, steams ahead with a 131% boost in net income
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NewsAgeas UK’s 2021 net result rises by 14.6% as new strategy bears fruit
Profit improved in 2021, despite the insurer’s motor book suffering a financial dip
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IT InterviewColm Holmes: Allianz is ‘always looking to do more with brokers’
Following the publication of its 2021 year-end financial results, the insurer plans to ‘increase investment in broker relationships’, according to new chief executive
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NewsAllianz Group’s UK revenue up 2% year-on-year despite Covid-driven peaks and troughs
The financial results show the importance of ‘having a balanced portfolio of business’ across both personal and commercial lines, says UK chief executive
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NewsBroker and MGA Yutree hits £10m GWP in first decade of business
Backing two Biba schemes and boosting its presence in the media and entertainment sector were both key in helping the firm hit this milestone
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NewsMGA Atrium Underwriters sees £38m boost in 2021 underwriting profit
The business also saw a big jump in total comprehensive income, despite natural catastrophes ‘making it one of the costliest years on record’, says chief executive
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NewsAston Lark broker Bruce Stevenson boosts both revenue and GWP by 7%
The firm’s growth follows being bought by Aston Lark and merging with its Glasgow team
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NewsBeazley targets cyber book growth in 2022 following increased customer demand
Chief executive also celebrates insurer’s ‘largest profits in history’ following Covid-dented 2020
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NewsBrit Insurance remains ‘optimistic’ after 2021 full year profit of $247.1m
The insurer has confidence ’that it is well placed to respond to the opportunities and challenges ahead’
