Company results
Brit turns loss to profit in latest results
The provider also reported a 32% increase in GWP, going from $2.4bn (£1.87bn) in 2020 to $3.2bn (£2.4bn) for the year ended 31 December 2021.
Beazley reports "robust" profit in 2021 results
The provider turned a $50.4m (£37.1m) into a pre-tax profit of $369.2m (£272.1m) for the year ended 31 December 2021 while also seeing its GWP shoot up by 30%.
Zurich UK reports £470m operating profit
The provider reported that the UK business grew 13% in its P&C division.
Romero sees profits rise as it reveals 2021 results
The Leeds-based broker has also announced two new appointments as part of its 2022 strategy of investing in talent.
Revenue and profits up in Gallagher's broker business in 2021
Simon Matson, CEO, Europe, Middle East and Asia says Gallagher's UK Retail business saw 7% organic growth as he reveals the business will continue to look for M&A opportunities in the UK.
Howden reports 48% revenue rise for 2021
The broker, which recently bought Aston Lark, also reveals organic growth of 19% for the year.
Reich targets £130m of GWP within three years
CEO Simon Taylor tells Insurance Age about his plans to grow the broker organically and highlights that Reich is not for sale despite being approached by potential buyers "all the time".
Jensten sees turnover rise as it reveals deal spend for 2021
The business made four acquisitions during the year and also reports a loss of £13.6m.
Ardonagh reports growth in income in Q3 2021 update
Consolidator says it completed £125m of investment in Q3 including its purchase of Usay Group in the UK, as it reports significant reduction in loss for the first nine months of the year.
Beazley GWP hits $3.3bn
The insurer stated premium rates on renewal business increased by 23% in Q3 2021.
Hastings reports increased profit in Q3 2021
The provider's profit before tax hit £103m, highlighting an increase in customer policies despite premium reductions across the sector.
Matson flags 9% organic growth at Gallagher
Q3 figures for the global business show brokerage revenue of $1.5bn.
Seventeen Group expects further growth in 2022
CEO Paul Anscombe flags how M&A and organic growth are helping the business expand despite the £670,000 cost of Covid.
Bollington reveals final set of financial results before Gallagher takeover
The broker, which was bought by Gallagher earlier this year, reports increases in turnover and profit for 2020.
Seventeen Group blames Covid and M&A costs for profit slip
Despite a sharp drop in pre-tax profit, the broker managed to achieve increased turnover for the year ended 31 December 2020.
Mulsanne parent moves into profit
Refinancing sees the insurer, which also owns Complete Cover Group, move back into profit in 2020.
Complete Cover Group’s profits dip amid transformation
Profits slip but income is steady and operating profit almost doubles as report flags the business’s £50m Abacai launch and acquisition of broker Dayinsure.
Ardonagh promotes Donaldson to Retail CEO
The broker has named Emma Rawlinson as Atlanta CEO and promoted Ian Donaldson to the role of CEO of Ardonagh Retail.
Ecclesiastical grows profits
Broker, SEIB, which is part of Ecclesiastical, also reported increases in commission and fees.
Saga reports loss after tax of £3.1m
Interim results for H1 2021 highlight group loss but directors flag “robust” numbers as the business looks to recover from £57.1m loss in the same period last year.
Who are the Top 50 brokers in personal lines?
The results of Insurance Age’s annual study into the top 50 brokers and providers in the personal lines market are in.
Lloyd's returns to profit in first half of 2021
Market reveals a profit of £1.4bn as well as an improved COR of 92.2% as gross written premiums also increase.
Interview: Cuvva's Andy Tomlinson
Cuvva COO Andy Tomlinson talks about the company's evolution, the rise of on-demand products and the broker's plans for the future.
PIB's 2020 deal spend revealed
The consolidator's accounts show it spent a total of £92.8m on deals during the year, as it also reports increases in turnover and Ebitda.