Company results
Towergate holding company makes £25.99m pre-tax loss
Losses have decreased compared to the same period in 2015.
Towergate results show it is “back to black”
CFO Mark Mugge says the broker is “building a business for the long term” and has returned to profitability.
Towergate’s adjusted Ebitda drops 16.9% for first half of 2016
Consolidator reports 7% fall in income for six months.
Ecclesiastical posts falling profits for first half of 2016
COR deteriorated to 87.5% in its UK and Ireland GI business.
Numbers plummet for Brightside in 2015
Revenue, Ebitda and policies sold all fall for broker following a “major year of transition”.
QBE highlights broker commission issue
Insurer saw a 58% drop in insurance profit for the first six months of the year to $81m.
Profits soar at Confused
Owner Admiral reports rises in revenue, profit and UK car insurance customers for the first half of 2016.
Hastings "on track" to achieve its targets
Group CFO Richard Hoskins says company profits from using price comparison website distribution model.
Zurich UK results “reflect discipline”
COR improves to 89.5% as GWP falls 8.1% to £765.5m as business resolves to not “take on new business at any cost”.
Zurich profit hit by restructuring charges
General insurance business operating profit increased by 3% to $2.2m on a steady combined operating ratio of 98.4%.
UK Ageas chief warns of slowing motor market
Andy Watson explains the performance of commercial lines and special risks which reported a 107.7% COR.
Ageas UK profits hit by June flash floods
Group’s 2016 half year COR breaks through 100% barrier.
Allianz CEO Dye hails restructure "opportunities" on back of improved H1 results
The Allianz UK business has recorded an improved profit and combined operating ratio for the first half of 2016, when compared to the same period last year.
Gocompare sees 22.3% growth in revenue on back of greater marketing spend
Esure-owned aggregator Gocompare has recorded a 22.3% growth in revenue in the first half of 2016 compared to 2015 at £72.9m(H1 2015: £59.6m).
RSA sees personal lines NWP shrink on back of broker motor withdrawal
Insurer identifies opportunities to rebuild book with Nationwide deal
Aviva reports fall in UKGI operating profit
Insurer reveals COR deteriorated to 95.9%.
RSA reports rising profits for first half of 2016
COR for the UK business at 94.4%.
AIG reports large income fall for first half of 2016
But profits for second quarter slightly improved.
Markel International profits triple
The second quarter of 2016 results reflected strong performance from underwriting, investing and Markel Ventures operations.
Novae COR deteriorates to 96.1%
As GWP increases to £513.1m for the first half of 2016.
Axa UK reports 7% revenue rise
However COR deteriorated slightly to 98.2% as Blanc reports pressure in personal lines broker market.
GWP grows for Direct Line
The insurer reports strong growth in motor but says operating profits are down following lower investment income.
Brexit: Carole Nash could expand overseas
It would create some additional costs but it is "certainly not material to our overall business model and profits", says CEO David Newman.
Brit COR deteriorates to 96.5%
But profit before tax and operating profits both grow as the insurer described results as “sound in a challenging environment”.