Insurer
Profit drops 68% at Ageas UK in H1 2017
Gross written premium fell 10% in the period to €1.07bn.
Brokers concerned about reduced choice following Allianz and LV deal
However, experts also see opportunities rising from the merger.
“Business as usual” for LV and Allianz following deal
No changes for brokers until the £500m deal goes through but bosses believe the “complementary businesses” are strategically matched and LV aims to become personal lines insurer of choice for brokers.
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Profit down but COR improves for Allianz UK
Insurer admits there is “some way to go to fill the financial hole” left by the Ogden rate change.
Allianz and LV announce deal to create £1.7bn personal lines insurer
Allianz is set to pay LV £500m for a 49% stake in the business as a first step but will move to own 69.9% long term paying £713m in total.
Holmes praises Aviva’s UK GI organic growth
The UK GI chief says brokers were key to achieving growth in first half of 2017 along with investment into digital.
Blanc hails "strong performance" at Axa UK
Group CEO reports growth in commercial lines and healthcare, while personal lines remains "more difficult".
Axa UK posts 5% revenue growth
COR improves to 97.7%.
LV in talks with Allianz on GI stake sale
Provider confirms advanced talks with Allianz on "significant minority stake" in the business.
GWP grows to £393.3m at Esure
Profit before tax also increases 44.6% for the first half of 2017.
Aviva GI profits grow and COR improves
Aviva UK & Ireland also reports 17% growth in operating profit to £259m as net written premiums go up and digital investment pays off.
LV partners with Adrian Flux on blood bikes scheme
Scheme provides cover for volunteers transporting blood to and from hospitals.
Kanye West sues Lloyd’s over cancelled gigs
The rapper is suing a number of Lloyd’s syndicates for $10m.
RSA UK underwriting profit takes Ogden hit
CEO Steve Lewis says results were also impacted by large claims and a claims inflation in household.
RSA reveals rising profits for H1 2017
COR improved to 93.2% for the six months ended 30 June 2017.
CII reveals rebrand
The refreshed branding reflects a new strategy.
Direct Line Group posts growing profit
Insurer reveals rising profits and GWP, despite £49m discount rate hit.
Profits up at Go Compare
The aggregator saw adjusted operating profit grow to £17.5m for the six months ended 30 June 2017 following Esure demerger.
Ogden decision to be published on Thursday
The government's response follows the consultation on how the discount rate should be set in the future.
Elite challenged Gibraltar regulator in court
The insurer, which recently stopped writing new business, challenged regulatory interventions by the Gibraltar Financial Services Commission.
Hiscox sees strong growth in the broker channel, says Langan
Hiscox CEO "very pleased" with insurer's financial results for the first half of 2017.
Markerstudy launches HNW scheme
New offering to cover prestige motor vehicles including classic cars and motorhomes.
Hiscox posts rising GWP but falling profit for H1 2017
Provider's COR also deteriorated in the first half of the year.