Company results
Das LEI reports comprehensive £4.3m loss for 2021
Das Legal Expenses Insurance Company made an underwriting loss of £2.1m for the full year 2021 according to its solvency and financial condition report.
Burnley and Blackburn CII branch to close
The Chartered Insurance Institute of Burnley and Blackburn is to close its doors, Insurance Age can reveal.
CII posts £4.4m loss for 2021
The Chartered Insurance Institute has revealed a return to operating surplus but a £4.4m group loss for 2021 as it was hit by pension costs of £6.64m and a tax charge of £1.98m.
Matson flags M&A as key to Gallagher growth strategy
Gallagher's UK business has reported 14% organic growth in Q1 2022 with EMEA CEO Simon Matson highlighting “advanced” deal discussions with a number of firms.
Arag posts £1.9m pre-tax profit for 2021
Arag has reported a pre-tax profit of £1.9m for 2021, up on the £500,000 achieved the year before.
Profit and turnover up at One Broker as firm eyes acquisitions
One Broker has posted a 21.2% rise in Ebitda to £2.15m in its latest set of annual results driven by schemes success.
Lloyd & Whyte grows revenue in 2021
The holding company of Lloyd & Whyte has reported a 22.2% increase in turnover in 2021 as acquisitions boosted the total to £23.4m.
Broker revenue falls at the AA
Revenue from broking activities fell to £100m for the year to 31 January 2022, the AA has revealed.
Iprism posts increased profit in run-up year to MBO
Iprism Underwriting Agency has reported a 9.7% increase in profit for the year ended 30 June 2021.
Saga reports drop in broking GWP and profit
The group sold Bennetts in August 2020.
Up to 9000 Ardonagh staff in line for £1,000 bonuses
Employees will get the cash bonuses in April.
Income and Ebitda soars in 2021 for Ardonagh’s advisory division and up in retail
Group reveals income of £945.8m and £220.3m of Ebitda.
Lloyd’s posts underwriting and pre-tax profit for 2021
The marketplace swung back to £2.3bn profit after a loss of £900m in 2020.
Sabre reveals Bennetts partnership and promises flexi insurance broker push
Insurer reported £169.3m of gross written premium and a combined operating ratio of 79.4% for 2021.
Sabre reports dip in profit for 2021
Provider delivers a combined operating ratio of 79.4%.
Ecclesiastical Group moves into profit
The business made a loss in 2020 but is back in the black driven by investment returns, improving market conditions and a good current year underwriting performance.
RSA reveals 2021 losses from continuing operations
The insurer’s figures were hit by reserving changes and acquisition costs due to the mid-year takeover as net written premiums grew.
A-Plan delivers rising turnover and profit after Howden takeover
The high street specialist has grown its commercial centres to 40.
NIG posts policy count and GWP rise for 2021
Owner DLG reported gross written premiums of £3.17bn with profit after tax of £343.7m.
ERS posts COR of 98%
The insurer noted there was a reduction in demand in motor but growth in commercial.
Esure posts loss of £7.1m for 2021
Gross written premium also slipped to £807.6m for the full year 2021.
High commission rates factor in Hiscox UK personal lines pull back
The insurer also ended agencies with brokers and revealed it will be looking to double UK business under incoming leader Jon Dye.
Hiscox UK posts near 10% rise in GWP for 2021
The provider grew commercial lines business while personal lines shrank in the year.
Amanda Blanc confirms Aviva move to 80 Fenchurch Street
Relocation plans revealed as Aviva reported GWP of £8.8bn for the full year 2021.