Company results
Aston Lark results out amid transformational year
Profit increased for the firm in first full year results since Aston Scott and Lark merged as the business commits to more deals with comparative analysis showing turnover of £57.4m.
Hiscox UK shrinks amid global growth in interim results
Chairman Robert Childs blames the integration of a new IT system.
Beazley’s COR worsens to 100% in H1 2019
But provider also reveals 189% pre-tax profit jump as new head of broker relations, Lou Ann Layton, states there is “lots of room for growth in the brokerage community”.
Hastings expects £8.4m hit from Ogden rate change
Company says it had believed the rate would end up between 0 and 1%, as Biba states move to -0.25% is "nowhere near enough".
Profits fall at Thomas Carroll in 2018
Rising expenses counteracted an increase in turnover.
Nigel Phillips pledges continued focus on organic growth at CDL Group
Commercial director says the business has been working to create a more proactive customer experience.
Acturis reveals profit jump in 2018
Software house set to pursue more deals as document reveals it paid £3.5m for Surrey-based ICE InsureTech in November 2017.
Profits up for CDL Group in 2018
After the firm's turnover reached £52.7m in 2017 it has risen 6% in 2018 to £55.8m.
Profit margins for UK brokers at highest level in eight years
Figures from Plimsoll Publishing show average profit margins are 5.7% for the current year, after consistently increasing since last year.
Tokio Marine Kiln: Figures revealed following closure of UK arm
Most recent results for Tokio Marine Kiln Group show losses for TMKI which is now being placed in run-off.
PIB's £50m spending on brokers in 2018 revealed
Consolidator's losses increased in 2018, but turnover jumped to £106.8m as it is set to continue its buying spree after £200m debt refinancing.
Momentum Broker Solutions unveils 2018 results
Network saw operating profit rise by 71%.
Broker Network owner set to make more deals with fresh funding
Bravo Group to agree loan worth £80m earmarked for acquisitions from major bank, as the business reports growing revenues for 2018.
Unrated Gefion reports losses in 2018
Danish provider received cash injection to improve its solvency ratio on 6 May.
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Profits fall at Clear Group in 2018
But turnover rose by about 24%.
Ardonagh losses decrease for Q1
Income goes up for the quarter as Swinton is credited with assisting growth despite branch closures.
Allianz CEO Jon Dye partly credits broker support for the firm’s Q1 results
Commercial lines GWP increased, while the provider's COR improved to 94.8% in the first quarter of the year.
Finch Insurance Brokers reports increased turnover
Mike Latham said the business is on track to achieving 2020 goals as it looks to ICB merger.
AIG Europe moves back into profit
The business underwent a restructure in 2018 in preparation for the UK’s exit from the EU.
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.