Company results
Lloyd’s reveals strategy change
The aim is to simplify access to the global insurance market and reduce the costs of doing business at Lloyd’s.
Gefion ordered to publish supplementary corrective accounts
The Danish regulator has told Gefion to restate its 2017 results and half-year report for 2018 but Gefion insists the business is healthy.
Profits fall at Covéa in 2018
Provider says results were impacted by soft market conditions in personal lines, along with adverse weather, claims inflation and uncertainty around Brexit.
Swinton performing better than expected for Ardonagh
The Ardonagh Group results showed that the personal lines broker contributed £146.3m in pro forma income.
Ardonagh losses shrink at first full year results
The business reported a total loss for 2018 of £111.6m, significant improvement on 2017's numbers.
Esure reports £15.4m pre-tax loss for "disappointing" 2018
Provider confirms it has not yet found a replacement for former CEO Stuart Vann who left the business in January last year.
Co-op Insurance reveals trading loss for 2018
Provider says results were impacted by bad weather as it gears up for deal with Markerstudy.
Saga falls to £134.6m pre-tax loss and pledges to change strategy amid renewal pricing row
Saga reports “disappointing” retail broking results as it claims first with three year fixed pricing for insurance via direct channels, moves away from the focus on price and changes renewal pricing.
Sabre reveals flat set of results for 2018
Post-tax profit drops slightly as GWP remains flat at £210m.
Further losses at Lloyd's in 2018
Market reveals a loss of £1.0bn and a COR of 104.5% for 2018 as Neal admits "performance is not of the standard we would expect" .
Stable performance in “transitional year” for LV
GI CEO Steve Treloar said the business was working with 150 new broker partners and committed to further investment as 2018 results are published.
ICB Group reveals profit rise in 2018
Broker was recently bought by French firm Verlingue.
Aviva to focus on commercial lines growth
Phil Bayles and Rob Townened discuss the provider's UK results, new CEO Maurice Tulloch, and future plans for brokers.
Profit soars at Admiral in 2018
But the provider's UK household segment reports loss after weather impact.
Aviva reports UK profit rise for 2018
Combined operating ratio remained flat at 93.8%.
GWP and operating profit fall at Direct Line in 2018
Broker business NIG's GWP was flat, while the number of in-force policies grew.
Revenue nudges up for Go Compare
Operating profit also went up but revenue in its price comparison segment slipped.
ERS drives back into full year profit in 2018
COR improved to 96.1%, while GWP fell.
Profit and GWP up at Hastings in 2018
CFO Richard Hoskins hails "solid results" despite competitive market and says broker will continue to invest in data and digital engagement.
Egan not happy with RSA UK results and pledges renewed broker focus
New CEO Scott Egan addresses criticism that RSA is tough to trade with and commits to making it easier for regional brokers to work with the insurer as the provider reports an underwriting loss of £106m in 2018.
RSA reports "disappointing" 2018
The Group lamented "poor results" in its commercial lines division as the company reported further underwriting losses in its UK business.
Revenues up at JLT in 2018
But broker reveals pre-tax profit fall due to transaction costs related to $5.6bn takeover by Marsh & McLennan Companies.
Profit, COR and GWP all improve at Hiscox
COR is 94.4% for the group but UK reports broker “indigestion” as the provider beds in new systems and admits changes had a knock-on effect on service. Plus insurer reveals Brexit costs.
QBE Europe posts GWP rise for 2018
COR also improved, while provider's insurance profit dipped slightly compared to 2017.