Company results
Deals boost Finch Commercial’s profit and revenue
Company results for the Broker Network owned firm also reveal a £3m loan from parent company.
Bain Capital to buy Esure for £1.2bn
Esure also reported a 12% rise in GWP, but a fall in profit for the first half of 2018.
Growth for Ten amid software house move
The network posted an operating profit of £316,000 for the full year 2017 as business pushes on with move to Acturis.
L&G GI reveals loss in H1 2018 after Beast from the East hit
Insurer reports £6m operating loss and a COR of 107% as GWP rises to £193m.
Zurich UK COR improves to 95.5%
GI business recovering from impact of discount rate hit as GWP stable and operating profit grows.
Profits shoot up at Hastings in the first half of 2018
CFO Richard Hoskins says focus is on "disciplined growth" and investing in digital initiatives.
GWP and revenue fall at Ageas UK in H1 2018
Provider also posts profit increase and an improved COR of 99%.
LV making “good progress”
Steve Treloar points to personal lines growth and highlights that the insurer has increased its number of broker partners as business moves between LV and Allianz.
LV results hit by weather claims
Profit and COR deteriorates for H1 2018 but GWP increases to £827m amid transfer of business with Allianz.
Commercial business switch from LV to Allianz begins on Monday
Boss Jon Dye silent on future potential acquisition targets.
Operating profit rises at Allianz as COR improves in first half of 2018
GWP flat as business transfers to LV.
Commercial lines firing for Aviva and broker partners, says Bayles
Insurer’s leaders keen on further schemes growth as they report progress in personal lines.
RSA UK posts £39m underwriting profit
COR also improved to 97.0% despite costs arising from the ‘Beast from the East’ but group results are “below ambitions”.
Axa growth driven by commercial
Interim CEO says positive commercial performance was down to broker channel and reveals incoming CEO Claudio Gienal sees the value of UK broker market.
Axa UK & Ireland revenue grows to £2.5bn
COR improves to 97.2%.
GI operating profits fall at Aviva UK
Insurer’s UK COR for the first six months of 2018 slips to 94.3%.
NIG's policy numbers fall in first half of 2018
Insurer's GWP also declines to £205.9m as Direct Line for Business continues to grow.
No pressure to grow GWP, says Sabre’s Geoff Carter
CEO stresses focus on combined operating ratio.
Sabre profits rise at start of 2018
Half year GWP remains stable.
Principal reports large double digit turnover leap for 2017
Broker cites investment costs as profits fall.
Hiscox predicting cyber and security policies expansion in 2018
SME remains a growth “engine” for the provider.
Jelf bought Clark Thomson for £23.3m cash
Company results also showed £5.6m of deferred costs payable if performance criteria are met.
Hiscox posts rising premium and profit for start of 2018
Insurer planning for “muted” growth from brokers.
UK SME not a priority for JLT
CEO Dominic Burke says the business is focused globally as it plans for a no deal Brexit.