Company results
Allianz committed to "under-performing" commercial property business
UK CEO Jon Dye comments on the insurer's financial results for 2019 and discusses broker support and acquisitions.
Allianz UK COR deteriorates to 97.8%
Challenging fourth quarter hits the provider as operating profit falls by 35% but CEO Dye remains upbeat.
Axa UK reveals revenue growth for 2019
Provider posted rising revenues in both commercial and personal lines.
Watson blames Ageas profit fall on motor book
Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business.
Ageas UK reveals 21% net profit fall
CEO Andy Watson says results were driven by difficulties in the motor market.
QBE International posts rise in GWP but fall in underwriting result for 2019
The division, which includes its UK business, also saw an improved combined operating ratio of 95.4%.
Brokerbility has 12 new members in the pipeline
Executive chairman Ashwin Mistry says firm's income and GWP have been impacted by broker members selling up.
Brokerbility posts mixed results for 2019
Firm reveals an increase in turnover but a drop in Ebitda for the year as it lists consolidation and Brexit as challenges affecting the business.
Zurich UK reveals profit jump for 2019
UK CEO, Tulsi Naidu, says provider has seen growth in its broker business as it reports rise in GWP and an improved COR.
Coversure reports premium rise for 2019
Turnover remained flat at the franchise business.
Romero Group earnings rise in 2019
Broker posted rises in income and Ebitda of 10.5% and 11.7% respectively.
Beazley profits jump as COR worsens to 100% in 2019
CEO Andrew Horton says provider is committed to regional brokers through its Birmingham office despite recently pulling out of UK regional marine.
JLT costs reach $6.8bn at Marsh
Financial results also show that revenue grew 10.2% at Marsh in 2019.
Profit soars at Aon in 2019
Broker also posts rise in revenue for the year as CEO Greg Case says business saw its strongest level of organic growth in over 15 years.
Gallagher revenues continue to rise in 2019
Profit for the broking segment grew by 25%.
Clark Thomson profits double as it sets Marsh integration date
Broker’s trade and assets will be integrated as part of Marsh in April or May 2020.
Saga looking at performance and cost efficiencies
Provider states 60% of new customers are choosing its three-year fixed price product as it publishes trading update for the last six months.
Hyperion reveals £300m spending pot and multiple deal wish list
CEO David Howden says revenue and GWP increases for 2019 were driven by organic growth as the broker reveals it is looking at 20 acquisition targets.
Claims inflation continues to bite at Hastings
Trading update reveals provider has restated its operating profit from £125m to £110m – a drop of 12%.
Bruce Stevenson posts ‘record’ turnover for 2019
Broker credited growth to renewable energy, social housing, and food and drink.
Strategy shift halves profits at AllClear
CEO Chris Rolland had warned commentators of short-term disruption back in 2018.
GRP’s £68m acquisition spree revealed
Total covers 10 businesses that the group bought in the year to 31 March 2019.
Sure Thing! posts £2.1m loss for 2019
Losses went down for the motor provider in final full year results ahead of Policy Expert buying the broker in June 2019.
GRP reaffirms acquisition strategy despite £17.9m loss
Accounting procedures and acquisition costs blamed as turnover and operating profit grow 48% and 173% respectively.