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Ageas UK GWP jumps as Esure deal flows in
Ageas has posted a 72% hike in gross written premiums in the UK to €1.42bn (£1.21bn) for the first half of the year as the takeovers of Esure and Saga’s underwriter Acromas Insurance Company continued to kick in.
Windstorm Goretti losses grow to £417m
Perils has raised its estimate of the insurance market loss from windstorm Goretti to €479m (£417m) from €467m.
Axa reports UK and Ireland softest markets in Europe in FY results
Axa UK and Ireland saw the softest markets across commercial and personal lines within the group’s European business, it reported today.
SRG reveals deal spend in takeover year
Specialist Risk Group’s parent spent £327.32m on 10 deals in 2024, the year the takeover by Warburg Pincus and Temasek completed.
What does the 2025 Budget mean for insurance brokers?
On Wednesday afternoon, after weeks of speculation (and an unprecedented early leak by the Office for Budget Responsibility), the Chancellor finally revealed her second Budget. Tom Golding, PKF Littlejohn partner considers some of the main tax changes…
Specialty MGAs Nirvana and Pulse complete merger
Managing general agents Nirvana and Pulse have completed their merger after the deal was signed off by the Financial Conduct Authority.
SRG has ‘firepower’ and appetite for UK deals
Increasingly international broker Specialist Risk Group will continue to buy in the UK, and has the firepower to strike deals, its leaders have told Insurance Age.
Downey on the road from £300m to £4bn with SRG
Specialist Risk Group is eyeing up reaching over £4bn of gross written premium post 2030, having grown from £300m to £2bn since 2019, according to CEO Warren Downey.
AUB international revenue jumped to £232.3m in ‘pivotal year’
Australian insurance broking firm AUB Group has reported that its international arm, which includes Tysers wholesale and its UK retail business, saw revenues jump 13.3% to A$465.9m (£232.3m) for the year to 30 June 2025.
European pet insurance specialist takes majority stake in UK broker
Santévet Group, a European pet insurance specialist, has taken a majority stake in pet insurance broker Tedaisy Insurance Group.
SRG completes Dutch and Belgian buy moving into mainland Europe
Specialist Risk Group has completed the purchase of German broker Ecclesia’s businesses in the Netherlands and Belgium marking its formal entry into mainland Europe.
SRG names ex-Lockton and Marsh boss Nimmo as first UK CEO
Specialist Risk Group has recruited Neil Nimmo as its first CEO – UK, effective immediately.
Ageas UK premiums up 21% in 2024 to €1.85bn
Ageas grew UK premiums by 21% last year to €1.85bn (£1.52bn), driven by expanding the customer base and premium rate in motor, its parent has confirmed.
Marshberry: US consolidators bypassing UK for Euro deals as targets dry up
Acquisitive US brokers might favour deals in territories outside the UK to enter and grow in Europe as the number of targets here shrinks.
SRG doubles headcount and gets new investor with ‘transformative’ acquisition
Specialist Risk Group has expanded into mainland Europe with the acquisition of German broker Ecclesia’s assets in Belgium and the Netherlands.
Speculation links Ageas Group with a fresh takeover approach
Ageas Group is being eyed as a takeover target according to reports.
News analysis: Brokers branch out into Europe as Brexit countdown continues
As the uncertainty over Theresa May’s withdrawal agreement drags on, many brokers have made moves to try to offset any changes to rules governing trade with European Union countries
UK signs post-Brexit insurance deal with Switzerland
Zurich boss Tulsi Naidu welcomes the arrangement.
Tokio Marine Group picks Luxembourg as post-Brexit base
According to the firm its aim is to have the new insurance company incorporated and capitalised within the first half of 2018.
Blog: The post-Brexit market move
What does it mean for the UK insurance sector that insurers are moving parts of their businesses to other countries?
Liberty to move EU operations to Luxembourg due to Brexit
Firm to retain London headquarters.