Company results
Das reflects on 2016’s £17.4m loss
CEO Andrew Burke says business is now in “growth phase” of turnaround but admits that some job losses cannot be ruled out as it seeks to “rationalise expenses”.
Sutton Winson reveals rising profits
Broker posts rise in turnover to £8.25m for the year ended 31 March 2017.
Operating losses grow to £17.4m for Das in 2016
Figures show growth in GWP but COR remains north of 100%.
Quizzical questions: 25 August 2017
Test your knowledge of the week's news with our topical quiz.
Clear plots buying spree to double GWP by 2022
Up to 18 commercial brokers could be bought within the next five years.
Ecclesiastical's pre-tax profit surges with investment returns in first half of 2017
Underwriting profit declined to £9.6m while the combined operating ratio slipped to 90.5%.
Lark boosts profit ahead of Aston Scott merger
The company reported increased profit after tax of £5.47m.
Losses bite at Ageas Retail after Kwik Fit closure
Shutting the Kwik Fit Glasgow office cost the business £27.2m.
Broking Break - Your Top Five
Aquisitions, profits, gadgets, people moves and complaints hit the headlines this week and make up the top five most popular stories.
GWP slips to $2.39bn at QBE Europe in half year results
COR, excluding Ogden effect, worsened to 91.3% .
Confused.com sees profits halve for start of 2017
Admiral’s price comparison website made a pre-tax profit of £4.5m.
Bollington's Paul Moors hails "excellent" results for 2016
CEO says 2016 results were "best for some time" after pre-tax profit rose by 54%.
Profits soar at Bollington in 2016
Broker’s turnover jumps to £12.7m.
Broking Break: Your Top Five
Ageas UK, Allianz and Towergate hit the headlines this week with stories on profit and loss, concerns from brokers and a sale.
Quizzical questions: 11 August 2017
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Ogden pushes ERS to “disappointing” trading loss of £13m
The COR was reported as 107.6% and GWP also fell as CEO says the results were driven by changes outside of the insurer’s control.
Zurich UK posts half year GI loss as Ogden hits
The combined operating ratio (COR) deteriorated to 118.8%.
Hoskins upbeat on Hastings results
The CFO hails topline growth and “continued momentum” following the half year figures.
Ageas UK sees “modest deterioration” in commercial business
The insurer is looking to grow the account via brokers and develop schemes.
Newman happy with momentum at Carole Nash
CEO silent on market rumours that the broker could be up for sale by auction.
GI profits halve at L&G for start of 2017
Combined operating ratio worsens to 95%.
Hastings shows growth in first half of 2017
The firm posted GWP growth of 28% and noted that the Ogden rate change had generated more activity for the business on aggregators.
Profit drops 68% at Ageas UK in H1 2017
Gross written premium fell 10% in the period to €1.07bn.
Slight profit fall for Carole Nash in 2016
Turnover was up to £27.5m for the full year from £26.4m in 2015.