Company results
Losses bite at Ageas Retail after Kwik Fit closure
Shutting the Kwik Fit Glasgow office cost the business £27.2m.
Broking Break - Your Top Five
Aquisitions, profits, gadgets, people moves and complaints hit the headlines this week and make up the top five most popular stories.
GWP slips to $2.39bn at QBE Europe in half year results
COR, excluding Ogden effect, worsened to 91.3% .
Confused.com sees profits halve for start of 2017
Admiral’s price comparison website made a pre-tax profit of £4.5m.
Bollington's Paul Moors hails "excellent" results for 2016
CEO says 2016 results were "best for some time" after pre-tax profit rose by 54%.
Profits soar at Bollington in 2016
Broker’s turnover jumps to £12.7m.
Broking Break: Your Top Five
Ageas UK, Allianz and Towergate hit the headlines this week with stories on profit and loss, concerns from brokers and a sale.
Quizzical questions: 11 August 2017
Test your knowledge of the week's news with our topical quiz.
Ogden pushes ERS to “disappointing” trading loss of £13m
The COR was reported as 107.6% and GWP also fell as CEO says the results were driven by changes outside of the insurer’s control.
Zurich UK posts half year GI loss as Ogden hits
The combined operating ratio (COR) deteriorated to 118.8%.
Hoskins upbeat on Hastings results
The CFO hails topline growth and “continued momentum” following the half year figures.
Ageas UK sees “modest deterioration” in commercial business
The insurer is looking to grow the account via brokers and develop schemes.
Newman happy with momentum at Carole Nash
CEO silent on market rumours that the broker could be up for sale by auction.
GI profits halve at L&G for start of 2017
Combined operating ratio worsens to 95%.
Hastings shows growth in first half of 2017
The firm posted GWP growth of 28% and noted that the Ogden rate change had generated more activity for the business on aggregators.
Profit drops 68% at Ageas UK in H1 2017
Gross written premium fell 10% in the period to €1.07bn.
Slight profit fall for Carole Nash in 2016
Turnover was up to £27.5m for the full year from £26.4m in 2015.
Seventeen Group's pre-tax profit falls 30% for 2016
Turnover increased by 24% from £10.1m to £12.6m.
Lark 2016 results show growth
Turnover and Ebitda both grew for the Lark Group holding company as it posts last set of results prior to Aston Scott deal.
Profit down but COR improves for Allianz UK
Insurer admits there is “some way to go to fill the financial hole” left by the Ogden rate change.
Holmes praises Aviva’s UK GI organic growth
The UK GI chief says brokers were key to achieving growth in first half of 2017 along with investment into digital.
Blanc hails "strong performance" at Axa UK
Group CEO reports growth in commercial lines and healthcare, while personal lines remains "more difficult".
Axa UK posts 5% revenue growth
COR improves to 97.7%.
GWP grows to £393.3m at Esure
Profit before tax also increases 44.6% for the first half of 2017.