Company results
Kerry London returns to profit
Kerry London Group has reported a profit of £525,807 for 2012.
Autonet posts 14% increase in pre-tax profit to £8.8m
Autonet Insurance Services has revealed increases in profit, turnover and staff numbers for the year ended 31 December 2012.
Groupama's UK broking arm posts £34m loss for 2012
The broking arm of Groupama UK has reported a loss of £34m for 2012, compared with a £5.7m profit the previous year.
Arthur J Gallagher posts improved turnover and profit
Arthur J Gallagher (UK) Limited has reported an increased turnover and profit for 2012.
UK General switches back from QBE to Ageas for capacity
UK General has returned to Ageas as capacity provider for its commercial motor business, ending its stint with QBE, Insurance Age can reveal.
Lloyd’s sees COR improve as profits slip
Lloyd’s saw its half-year 2013 profits slip to £1.38bn compared to £1.53bn posted for the same period last year.
Brightside posts stable half-year profits
Brightside Group has posted stable post-tax half-year profits of £5.5m compared to £5.6m for the same period last year.
Swinton endures 48% profit slump as it confirms job losses
Swinton suffered a post-tax profit slump of almost 50% during 2012 as the high street broker reined in the sale of monthly add-on products.
Canopius Group posts improved profit, GWP and COR
Canopius Group has reported a profit of £42m for the first six months of 2013, up almost £10m from the £33m reported in the same period of 2012.
Abbey Protection enjoys 6% post-tax profit rise
Abbey Protection has seen its post-tax profits edge up 6% to £4.2m for the first half of the year, up on the £3.9m recorded for the same period last year.
Insurers call for sensible pricing after results
Most providers see a COR improvement and relatively static GWP figures
Co-op's GI arm posts improved profit as GWP tumbles by £40m
The Co-operative Group’s general insurance arm made an operating profit before tax of £28.8m in the first half of 2013.
Profits break £10m mark at Confused.com
Admiral, owner of Confused.com, has reported that the price comparison site posted a profit of £10.2m for the first half of 2013, up on the £8.4m recorded for the same period last year.
Rural reports substantial growth
Rural Insurance has announced almost 27% growth during the last financial year, Insurance Age can reveal.
Carole Nash boss targets 10% market share for classic car division
Carole Nash chief executive David Newman has targeted securing a 10% market share for the broker's newly-established Cherished Car division.
Ecclesiastical CEO reveals UK GI autumn restructure
Ecclesiastical group chief executive Mark Hews has revealed that the insurer will unveil a restructuring of its UK GI business this autumn.
Carole Nash bullish despite 16% pre-tax tax profits fall
Motorcycle broker Carole Nash saw its pre-tax profits dip 16% to £5.1m for 2012, down on the £5.9m posted for 2011.
Ecclesiastical's group profits treble as UK performance improves
Ecclesiastical saw its group pre-tax profits treble to £24.4m for the first half of 2013, up on the £8m posted for the same period last year.
QBE's European COR falls "behind plan" to 95.7%
QBE saw its combined operating ratio (COR) for its European operations fall "behind plan" to 95.7% for the first half of 2013, a slight deterioration on the 95% posted for the same period last year.
Profits up at Amlin UK
Amlin UK has reported a profit on operating activities of £7.6m for the first half of 2013, up from £5m in the same period of 2012.
A round of applause
August is normally the silly season. The obsession with Jeremy Paxman’s beard in the national media shows the tradition is thankfully alive and well.
Zurich's Steve Lewis calls for better underwriting discipline across the market
Steve Lewis, CEO of Zurich’s UK general insurance (GI) business, has stated that he is “extremely pleased” with the provider’s results for the first six months of 2013.
Zurich UK GI sees £20m GWP drop while profit and COR improve
Zurich UK’s general insurance (GI) business has reported a £20m drop in gross written premium (GWP) for the six months to June 2013.
Aviva’s Spencer promises more efficiency for brokers
Chief executive officer of Aviva UK and Ireland for general insurance, Robin Spencer, has promised brokers more automation and digital methodology to drive efficiency.