Company results
Hiscox COR soars to 114.6% and losses hit $138.9m
The provider has also reserved $232m for Covid-19 related claims as it reports H1 2020 numbers.
RSA posts drop in premium in H1 2020
Provider expects Covid-19 premium slip of £110m for the group, including an estimated £81m impact in the UK & International business, as it also reveals a £33m loss on its UK and London market exit portfolios.
Sabre reports GWP of £86.9m for first half of 2020
The motor insurer said it had continued focus on a strategy of prioritising underwriting profitability over volume whilst reflecting Covid-19 impacts using a data-driven pricing approach.
Covid-19 hit pushes Beazley into pre-tax loss in H1 2020
Provider expects its pandemic-related losses to amount to $170m as it takes underwriting action in its liability lines of business.
Profits up at Thomas Carroll in 2019
Welsh broker also reveals turnover increase as CEO Rhys Thomas states the company is "confident" it will emerge from the Covid-19 crisis stronger than before.
PIB spent £75.6m on deals in 2019
CFO Ryan Brown says the consolidator has a "very healthy pipeline" of future acquisitions, as PIB's GWP hits £986m.
Biba reports conference cancellation coverage
The trade body said in its accounts that it was “indemnified against significant financial loss” and is now looking at how it can host future events.
Flood Re incurs £160m in claims for 2019/20
The government-backed flood insurer paid out more than in its first three years combined, plus, it also welcomed changes to the scheme enabling discounted premiums.
CDL reports falling profits and turnover for 2019
Commercial director Nigel Phillips says performance was impacted by the "challenging economic and political climate".
Chubb flags huge Covid-19 losses
The global insurer has estimated a $1.36bn hit arising from Covid-19.
Arag posts turnover rise for 2019
But the business also saw a fall in profits as MD Tony Buss says provider has revised its expectations for 2020 due to the pandemic.
UK profit for Ecclesiastical slips to £20.4m
The results for 2019 showed a decrease in profits but GWP grew by 3.6% to £257m as broking division makes a loss.
Acturis reports revenue rise in 2019
Software house has also seen a dip in operating profit as results reveal it paid £10.8m for Canadian business Zycomp Systems last July.
CII reports income rise for 2019
Organisation has also seen an increase in membership volumes.
Business interruption hit of £200m predicted by Aviva
The insurer said most of its BI policies do not cover impacts arising from Covid-19.
Ardonagh reports Q1 results
The business highlighted Ebitda and acquisitions as it points to “limited” Covid-19 impact.
Ageas takes catastrophe hit
COR crept above 100% across all business lines in Q1 due to storms.
Allianz UK “well equipped” to manage Covid-19 challenges
The provider published a Q1 trading update, the first to incorporate Allianz, LV and Legal & General, as it says it has made 200-plus Covid-19 claims pay outs.
Hiscox share sale raises £375m
The insurer also published a trading update which addressed the current Covid-19 business interruption dispute.
Covéa reveals £22.3m underwriting loss in 2019
Provider also posts increases in GWP and profit after tax as it reports "disappointing" personal motor result impacted by claims inflation and a "lower than anticipated" Ogden rate.
Analysis: Results season reveals mixed picture for insurers
Insurers point the finger at increased claims and unexpected Ogden rate change in a challenging year
Saga profits drop ahead of expected Covid-19 hit
Broking, underwriting and travel profits all fell, as the group renegotiates its loans to accommodate for lengthy travel suspensions.
AA posts insurance growth in trading update
Company said the number of policies it manages, as well as income per policy, had risen over 2019.
Covid-19: Lloyd's outlines coronavirus impact and response
CEO John Neal urges the industry to "put a lot more effort" into explaining products to clients.