Underwriting profits also down but GWP grows for first half of 2018 following “exceptional” 2017 performance.
CEO says growth was driven by investment in specialist areas, as the firm continues to invest in IT and make acquisitions.
Online broker says loss due to costs from Travelers takeover.
Broker points to organic growth as main driver.
Insurer reveals an improved COR at 96.6%, but a fall in GWP.
UK aggregator Confused also reports growth.
Norfolk-based broker also reports small dip in operating profit for the year ended 31 March 2018.
Company results for the Broker Network owned firm also reveal a £3m loan from parent company.
Esure also reported a 12% rise in GWP, but a fall in profit for the first half of 2018.
The network posted an operating profit of £316,000 for the full year 2017 as business pushes on with move to Acturis.
Insurer reports £6m operating loss and a COR of 107% as GWP rises to £193m.
GI business recovering from impact of discount rate hit as GWP stable and operating profit grows.
CFO Richard Hoskins says focus is on "disciplined growth" and investing in digital initiatives.
Provider also posts profit increase and an improved COR of 99%.
Steve Treloar points to personal lines growth and highlights that the insurer has increased its number of broker partners as business moves between LV and Allianz.
Profit and COR deteriorates for H1 2018 but GWP increases to £827m amid transfer of business with Allianz.
Boss Jon Dye silent on future potential acquisition targets.
GWP flat as business transfers to LV.
Insurer’s leaders keen on further schemes growth as they report progress in personal lines.
COR also improved to 97.0% despite costs arising from the ‘Beast from the East’ but group results are “below ambitions”.
Interim CEO says positive commercial performance was down to broker channel and reveals incoming CEO Claudio Gienal sees the value of UK broker market.
COR improves to 97.2%.
Insurer’s UK COR for the first six months of 2018 slips to 94.3%.
Insurer's GWP also declines to £205.9m as Direct Line for Business continues to grow.