Company results
AA’s insurance business sees revenue rise
Insurance business shows growth in number of policies in motor and home as broker division adds Aviva to panel.
Profit and turnover up at JCB Insurance Services
Stoke-on-Trent-based broker posts £4.5m turnover for 2018.
Saga profits plummet in all operating areas
Underlying profit before tax fell 22.6% in retail broking and 53.3% in underwriting.
Ten takes small profit hit due to software house move
2018 results reveal a rise in turnover but a fall in profit at the AR network.
TL Dallas posts turnover and profit growth for 2018
Despite the good news, director Polly Staveley warned of competitive pressures and consolidation.
Lloyd's reveals soaring profit for H1 2019
COR did decline to 98.8% as Lloyd's puts transformation plan in place and vows to tackle sexism at the insurance market.
The 2019 Top 50 Personal Lines Brokers is now available
Insurance Age has published the results of its annual study into the top 50 brokers in the personal lines market.
Das posts loss again but COR improves to 95.4%
GWP also increased for the legal expenses provider as the business reveals a number of management changes.
CII's income up in 2018 as membership rises
Organisation says it received proceeds of £21.0m from the sale of the Aldermanbury building.
Brightside losses flat at £10m in 2018
CEO Brendan McCafferty says business is set to invest as it reports growth in adjusted Ebitda, broking revenue and GWP.
RSA raises £350m to spend across the business
The notes are not intended for a specific transaction.
Swinton closures don’t tell full story, says Donaldson
The Atlanta CEO explains that branch closures should not be viewed in isolation.
The Insurance Age Podcast: 23 August 2019
The Insurance Age team unpick the most recent and most popular stories.
Ardonagh confirms the end of all Swinton retail branches
CEO David Ross reveals plans for Ardonagh to double in size in the next three to five years, as results for the first half of 2019 show growth in retail and broking segments.
Ardonagh losses rise to £44.5m in H1 2019
Broking giant also posts growing income as a result of the deal to buy Swinton.
Bravo Group spent £53m on deals in 2018
The Broker Network owner, which also posted a loss for the year, made a number of large deals including Saffron, Compass, MCM and Lockyers.
Fresh unveils first set of results since Vantage sale
Broker posts turnover of £27.4m and reveals plans to develop its First Van brand and telematics offerings.
Latest Ogden rate change will cost the industry over £160m
Insurers have revealed the impact from the change in the discount rate to -0.25%.
Quizzical Questions: 16 August 2019
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QBE expects Ogden hit of $62m
Provider reveals a flat GWP and an improved COR of 94.3% in its international division, which includes the UK, for the first half of 2019.
Biba accounts reveal reserves of £3.89m
Chief executive Steve White pledged to use the surplus to benefit Biba members.
Admiral reveals £33m Ogden hit in H1 2019
Provider posts modest turnover and profit rises.
Profits drop at Alan Boswell in 2019
But turnover increased slightly at the Norwich-based broker.
Aviva pledges no market exits
CEO of general insurance Colm Holmes says life and GI split is going "smoothly" and discusses premium drop in "choppy" personal lines market as MD of intermediaries Phil Bayles pledges that Aviva will not exit any business lines.