Company results
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.
Ardonagh reports rising income and Ebitda for H1 2021 as losses shrink
Consolidator reports loss for the period of £41.3m, while total income for the group hits £433.2m in the first half of the year.
Clear reports increased turnover in 2020 results
The broker says the business plans to continue to develop its expertise in areas such as property and construction as well as expanding into new markets.
Admiral profit soars by 76% in first half of 2021
COR improved to 75.2%, while its lockdown rebate cost the provider £21.1m during the six-month period.
Zurich UK reports £265m operating profit
GWP in property & casualty went up to £1.5bn for the first half of 2021.
“Best result in a decade” for Aviva GI
Focus on simplification, digitisation and broker relationships drives growth for the insurer.
Aviva GI delivers COR of 91.6%
The division showed significant improvement in performance compared to the first six months of 2020.
Ageas reports COR of 96%
The insurer also delivered a 30% increased profit after tax for the first half of 2021.
Allianz Holdings reveals drop in GWP in first half of 2021
Provider points to continued impact from Covid-19 as well as competitive market conditions and the run-off of certain portfolios as it also reports a COR of 91.7%.
Hastings profit hits £76m
Provider says it has seen premium reductions in motor due to Covid restrictions as GWP slips slightly to £481m.
NIG grows 16.4% in H1 2021
Direct Line Group reported that its commercial division, including NIG, delivered an increased operating profit of £43.6m.
RSA posts loss for first half of 2021
Following its takeover by Intact, RSA's UK, Ireland, Europe and Middle East operations also reports gross written premiums of £2.3bn.
Hiscox returns to profit in H1 2021
Provider also records rise in GWP and an improved COR of 93.1%.
Gallagher reports rise in brokerage revenues for H1 2021
Simon Matson, CEO, Europe, Middle East and Asia, said the UK division had seen organic growth of 9%.
Aston Lark reports Ebitda and revenue growth for 2020
The consolidator now places circa £900m in gross written premium and employs over 1,500 people in over 50 offices across the UK and Ireland.
Sabre reports COR of 74.4%
Results for H1 show GWP drop as motor specialist prioritises profitability over volume, joins Saga panel and flags creation of temporary insurance product in H2.
Profits up at CDL in 2020
The software house recorded a £52.7m turnover for the year, largely in line with its results for 2019.
Beazley returns to profit in H1 2021
Provider reports a COR of 94% as GWP rises by 22%.
Hiscox boss Bronek Masojada to retire after 21 years in post
Masojada is set to step down at the end of the year and will be succeeded by group CFO Aki Hussain.
Verlingue UK reports growth in 2020 financial results
The broker also revealed a plan to triple its international turnover and to grow its position as a large independent European broker.
Somerset Bridge Group posts £42.4m loss
The business, which claimed £614,000 furlough cash in 2020, was snapped up by Arch Re earlier this year.