Company results
Aviva targets medium sized SMEs
Aviva's Phil Bayles, MD of UK intermediaries, says insurer is in a good position compared to some of its competitors.
Broking Break: Your Top 5
Axa buying XL dominated the headlines taking up two slots in the top five most read. However there was plenty more going on with an insurer going into liquidation, profits rising at Aviva and advice for brokers on GDPR.
Profits and turnover up at Grove & Dean
Broker says it is seeing a return on its investment in technology.
Aviva’s Holmes refreshed by broker honesty
Former UKGI CEO says 2017 profit rise was driven by growth in property and liability as well as moving away from unprofitable broker motor business.
Aviva posts UK profit rise for 2017 as COR improves to 93.9%
Group CEO Mark Wilson says provider is targeting bolt-on acquisitions in 2018.
Gravity Risk Services targets more organic growth as profits rise in 2017
Stourbridge-headquartered broker also reports rise in turnover to £670,667.
Legal & General insurance COR worsens to 93%
GWP went up but operating profit fell as the insurer blamed the drop on escape of water claims.
Esure profits and premium shoot up in 2017
Surge in motor policies at insurer.
Profits up at ICB in 2017
Turnover rises at the broker without any acquisitions.
ERS reports post-Ogden loss for 2017
Provider’s combined operating ratio improves slightly to 104.9%.
Turnover dips but profit stable at Open GI in 2017
Software specialists increase R&D spend.
Quizzical questions: 2 March 2018
Test your knowledge of the week's news with our topical quiz.
The Blog Spot: One year of Ogden upheaval
The government should bring discount rate clarity to the insurance industry without further delays, writes Ida Axling.
Hastings confident of hitting 2019 growth targets
CFO Richard Hoskins says firm is focused on organic growth and digitalising the business.
Hastings reveals growth in 2017
Firm posts rising GWP and profits as Toby van der Meer takes over as CEO.
Turnover up and profits surge for MCE in 2017
Broker posted £6.7m turnover increase, pre-tax profit growth of £11.2m and noted it is awaiting the outcome of a tax dispute with HMRC.
JLT targets bolt-on acquisitions
Deputy group CEO Drummond Brady hails “very strong set of results” for 2017 as broker posts 35% pre-tax profit rise.
Admiral reports growth in 2017
However its Confused aggregator sees profits slip following marketing and product development spend.
Profits up at Gocompare in 2017
Aggregator reports 4.7% growth in insurance revenue.
Pre-tax profit up 35% at JLT in 2017
Revenues also rise as the broker posts its financial results for the year ended 31 December 2017.
Hiscox Retail boss reveals investment areas
Chief underwriting officer for Hiscox Retail, Joanne Musselle, commits to investing technology and innovation across all channels including broker.
Profits rise and COR improves at Direct Line in 2017
Policy count and premiums drop at NIG.
Pryce commits to growth through regional brokers under QBE’s new UK boss Cecile Fresneau
CEO promises campaign of engagement.
Hiscox COR and profit deteriorates
Profit before tax slashed to £30.4m from £354.5m and group COR swings to 99% compared to 84.2% in 2016.