Company results
Quizzical questions: 07 December 2018
Test your knowledge of the week's news with our topical quiz.
Brightside targeting £250m GWP within five years
Broker looking to digital for organic growth but is also ready to buy.
Statutory pre-tax loss of £20m for GRP
However Mike Bruce points to 4% organic growth and suggests the business is on track to buy “double digit” businesses, including MGAs, in 2019.
Turnover up at One Broker for 2018
Costs of Gibbs Denley buy knocks profits.
Ardonagh maintains organic growth as losses shrink
Performance breakdown shows improved retention and new business figures.
Ardonagh nearly halves loss in first 9 months of 2018
Business posts loss of £48.9m along with income growth.
Sure Thing! losses stable at £3.41m for 2018
GWP and policy numbers both increase.
Bridge breaks through £10m barrier
Manchester-based broker posts soaring profits.
Ageas UK posts rising profits and improved COR
But the provider, which recently announced a restructure, revealed falling GWP for the first nine months of 2018.
Allianz UK improves COR to 96.0%
The Q3 results reflect impact of joint venture with LV as commercial lines remains stable and personal lines boosts performance.
Erskine Murray targeting £50m of GWP by 2021
CEO confirms plans to buy more businesses next year.
Complete Cover Group suffers fall in turnover and profit in 2017
Group hit by a one-off redundancy cost of £259,000 after 60 people lost their jobs.
Willis IRM eyeing acquisitions
Business seeking small to medium brokers who need a succession plan.
Turnover shoots up to £77.6m for Eldon
The company said investment in its brokerage brands, such as Go Skippy, helped with the 64.1% increase as expenses rise in-line with income spike.
Bollington set to buy after Wilson merger and organic growth
Documents show the Wilson price tag was £44.9m.
Brokerbility and BHIB group lauds “best ever year”
Profit and turnover rise in 2018.
Brightside losses balloon to £10m in 2017
Group’s revenue drops by 12%.
Das “on track” for 95% COR
Despite recent losses CEO Andrew Burke said the business is on the right path and has put Asplin fraud case behind it.
Brokers question RSA's future after losses
Market experts predict more insurers will follow in RSA's footsteps and pull back from unprofitable business lines.
Swinton reveals £32m loss for 2017
Turnover also dipped at the broker, which is set to be bought by Ardonagh, as number of live policies fell to 1.6m.
PIB’s purchase prices revealed
Consolidator moved into Ebitdae profit in 2017.
RSA not scared to "walk away" from business - Stephen Hester
Group CEO says provider is to take action on pricing and portfolio reshaping following £70m UK underwriting loss in Q3 2018.
RSA in shock profit warning
Insurer’s UK business reports £70m underwriting loss as COR worsens to 110%.
Revenue flat and profit down for AA’s insurance division
Policy total nudges up for the first half of 2018.