Commercial
Aviva targets medium sized SMEs
Aviva's Phil Bayles, MD of UK intermediaries, says insurer is in a good position compared to some of its competitors.
Saffron buys again with Continuum
Broker bought Grove Insurance last week.
Open GI unveils new platform Mobius
New applications cover brokers, insurers and MGAs.
Aviva posts UK profit rise for 2017 as COR improves to 93.9%
Group CEO Mark Wilson says provider is targeting bolt-on acquisitions in 2018.
Insurer consortium teams up on £20bn capacity trade credit platform
The Channel Syndicate and Canopius will provide capacity alongside Liberty Specialist Markets for the specialist e-trade facility.
GRP appoints Clive Nathan as CEO of MGA division
Ex-Towergate leader Nathan moves from Primary Group.
Manchester Underwriting Management buys Pelican
Charles Manchester targeting of £10m of GWP in the next 12 months.
Brendan McManus promises no pause to buying after Lorica deal
CEO says PIB will maintain focus on businesses with specialities.
Chartwell Healthcare bought by JLT
Broker Chartwell serves the UK SME sector and the deal takes GWP for JLT’s health and employee benefits divisions to £200m.
PIB Group buys Lorica
The deal for the broker is PIB’s 13th investment.
Ataraxia takes stake in Glowsure
The broker now plans to grow through local acquisition.
Profits rise and COR improves at Direct Line in 2017
Policy count and premiums drop at NIG.
Amanda Blanc “exceptionally pleased” with UK & Ireland performance
The CEO praised the impact of the business' commercial lines division and insisted the "excellent" results had no bearing on McCafferty’s exit.
Steve Lewis confident RSA UK will “bounce back” in 2018
Provider "not concerned" following £116m underwriting loss in 2017.
CEO Watson "encouraged" by Ageas UK 2017 results
Insurer urges government not to delay new Ogden legislation as it moves back into profit.
Arnott Marine launches marine liability facility for UK brokers
Product designed for small businesses with £200,000 or less in turnover.
PIB launches risk management business
The consolidator has merged Sigerson Associates and Ford Risk Management to create the division.
Allianz moves in further on Euler Hermes
Latest investment takes Allianz's outlay up to €1.5bn.
Nexus Group buys MGA Apsley Specialty
Nexus says deal expands its directors and officers and financial institutions offering which it wants to grow to £35m of GWP by 2020.
Former Axa director Matthew Reed launches healthcare MGA
Equipsme to sell SME product through general insurance brokers targeting 30,000 firms in two years.
AIG posts $6.7bn loss for final quarter of 2017
COR for the full year comes in at 117.3%.
Quizzical questions: 9 February 2018
Test your knowledge of the week's news with our topical quiz.
GRP buys Camberford Law
Insurance Age has learned that the deal sees MD David Ottewill leave the wholesale specialist.
Tax charge causes profits to tumble at Marsh & McLennan in 2017
Broker posts increase in revenue.