Company results
Axa UK & Ireland reports improved half-year P&C COR
Axa UK & Ireland has delivered an improved combined operating ratio of 98.7% in property and casualty business for the first six months of 2013.
RSA's UK arm swings back into underwriting profit
RSA's UK operations swung back to making a £73m underwriting profit for the first half of 2013, reversing a £10m loss posted for the same period last year.
Profits and revenues rise at Gallaghers
Arthur J Gallagher has reported a group increase in profits to $93.5m [£61.4m] for the second quarter of 2013, from $71.7m in the same period of 2012.
JLT sees half year profits rise
Jardine Lloyd Thompson (JLT) Group has reported a 3% increase in profit before tax to £85.1m for the first six months of 2013.
LV boss blames investment return and motor for profit drop
LV general insurance managing director John O'Roarke blamed falling investment returns and plummeting car insurance rates after the provider's operating profit dropped by a third.
Hiscox CEO hails positive results as broker channel grows
Bronek Masojada, Hiscox CEO, has praised a “good set of results” for the first six months of 2013, which he said represented a step forward for the company.
Hiscox sees GWP rise to £1bn as profit and COR improve
Hiscox has reported a pre-tax profit of £181m for the first six months of 2013, up from £126m in the same period of 2012
LV operating profit slips to £43m amid "difficult" motor market
LV saw its operating profit slip to £43m for the first half of 2013, down on the £62m posted for the same period of 2012 for general insurance.
Bluefin posts £13m loss for 2012
Bluefin Group has reported a loss of £13.1m for the year ended December 2012.
Aon reports 2% profit slip
Aon saw its profits creep down by 2% for the second quarter of 2013 to $241m (£156.4m), compared to the $246m posted for the same period last year.
Ace delivers leap in profits
Ace has reported a rise in net income to $1.84bn [£1.2bn] for the first six months of the year, from $1.3bn in 2012.
Be Wiser posts drop in profit as turnover increases by £4m
Be Wiser Insurance Services has reported a post-tax profit of £1.5m for the year ended May 2013.
Willis profits slip and UK business falls
Willis Group has revealed a fall in half year profits to $324m [£210.8m] for the start of 2013, down from $333m in 2012.
SSP reports robust results as EBITDA creeps up by 1.8%
SSP Group saw its EBITDA edge up 1.8% to £18.2m for the 12 months ended 31 March 2013, compared to the previous year.
Ageas CEO Watson tackling the commercial COR
Ageas UK CEO Andy Watson has addressed the issues facing the provider’s commercial business.
Biba turnover rises by 9% to hit £3.5m
The British Insurance Brokers' Association (Biba) saw its turnover rise by 9% to reach £3.5m for the year ended 31 December 2012.
Lloyd's A+ rating upheld by Fitch as outlook is upgraded to positive
Lloyd's of London's financial strength rating has been upheld as A+ while its outlook has been upgraded to positive from stable, by agency Fitch Ratings.
Bluefin and Wentworth Alexander settle legal dispute
Bluefin has confirmed that a settlement has been reached in its legal wrangle with competitor Wentworth Alexander.
Quinn Insurance returns to profits
Quinn Insurance and its subsidiaries returned to profit in 2012, although revenues more than halved to €223m [£191m] from €639m.
Oval chief shrugs off falling short of EBITDA target
Oval chief executive Peter Blanc has shrugged off falling shy of his £20m EBITDA target and hailed the broker's growth "when most people are going backwards".
Oval Group reports strong EBITDA performance as debt falls by £8m
Oval Group recorded a strong performance in the year to May 2013, with EBITDA pre exceptionals rising to £19.6m.
Iprism doubles profits as turnover increases in 2012
Iprism Underwriting Agency more than doubled its profit in 2012 to £5.79m from £2.13m in 2011, a report at Companies House has revealed.
Giles holding company reports £39.5m loss as net debt grows
Expectrum Ltd, the holding company of Giles Insurance Brokers, has reported a £39.5m loss for 2012, compared with a £37.5m loss the previous year.
Giles Insurance Brokers reveals £2.25m loss
Giles Insurance Brokers lost £2.25m in 2012, reversing a profit of £998,000 the year before.