Company results
QBE expects Brit purchase to deliver extra £175m GWP
QBE Insurance Group expects the purchase of Brit's UK regional business to deliver an extra £175m of gross written premium (GWP) in its first full year.
Zurich results dip caused by pensions 'blip'
Zurich’s UK general insurance business enjoyed a good half year performance, distorted by a one-off pension “blip”, according to Karl Bedlow, managing director of personal lines.
Oval chief eyes breaking £20m Ebitdae barrier
Oval chief executive Peter Blanc has set his sights on exceeding the £20m Ebitdae mark next year with the use of "one or two" well-placed acquisitions.
Oval sees broking profits rise
Oval group chairman Phillip Hodson has welcomed the return of the "missing ingredient" of confidence after the broker released its full results.
Zurich UK GI business reports drop in profit, GWP and COR
Zurich UK has reported a £52m operating profit for its general insurance (GI) arm in the first half of 2012.
Oval results show rise in Ebitda
Oval Group has revealed a 4% rise in profitability as measured by Ebitda to £15m for the year ended 31 May 2012.
Groupama chief hails performance amid ongoing fight
The chief executive of Groupama UK has hailed a "great performance" despite having to "fight against the whole world".
Groupama UK sees half-year profits soar by 20%
Groupama UK has seen its half-year profits before tax jump by 20% to £22.2m compared to the same period last year.
Bupa sees Europe and North America profits drop by 22%
Bupa has seen its half-year profits for Europe and North America fall by almost a quarter.
Spencer committed to getting commercial COR below 100%
Robin Spencer, chief executive for UK & Ireland general insurance at Aviva, has described himself as "delighted" by the insurer's half-year results.
Markel soars to profit
Markel International has reported a combined operating ratio (COR) of 84% for the six months ended 30 June 2012 compared to 130% for the same period of 2011.
Aviva commercial COR stays at 101%
Aviva has revealed a combined operating ratio (COR) in UK commercial lines of 101% for the start of 2012, an identical figure to the result for the first six months of last year.
Aviva posts £681m half-year loss
Aviva plc has reported a net loss after tax of £681m for the first half of 2012 after a profit of £465m last year.
XL swaps loss for profit
XL Group has announced a profit of $397.8m [£255.2m] for the first six months of 2012, reversing a loss of $1.6m in the same period last year.
Marsh posts 3% half-year revenue growth
Marsh saw its revenue nudge up by 3% to $6bn [£3.8bn] for the six months ended June 30, up from the $5.8bn posted for the same period of 2011.
L&G remains upbeat despite profit drop
Legal & General has remained optimistic in the face of falling 2012 half-year profits for its insurance arm.
L&G's half-year insurance profits halved after bad weather
Legal & General (L&G) saw its general insurance arm operating profit plummet by more than half to £8m for the first half of this year compared to 2011.
Allianz UK highlights broker strategy behind growth
Allianz UK boss Andrew Torrance has attributed the insurer's on-going growth to its "continuity of strategy and approach" with brokers in the market place.
Ageas commercial COR dips to 100%
Barry Smith, chief executive at Ageas UK, has revealed that the provider’s combined operating ratio for commercial business improved to 100% in the first six months of 2012, from 104.3% in the same period last year.
Allianz UK lauds "exact repeat" of 2011 performance
Allianz UK has seen gross written premiums (GWP) edge up 5.6% to £965.1m for the first six months of this year, compared to £914m in the same period of 2011.
Catlin soars into profit
Catlin Group has reported profits of $231m [£148.3m] for the first six months of 2012, as opposed to a loss of $201m in the same period last year.
Profits up at Ageas
Ageas UK has revealed that pre-tax profits in non-life business rose to £56.1m for the first half of 2012, more than doubling from £23.4m in the same period of 2011.
Chartis sees COR improvement but still above 100%
Chartis has revealed it wrote $9.1bn [£5.85bn] in net written premiums for the second quarter of 2012, slightly down from $9.17bn in 2011.
Allianz's UK profits tick up again
Allianz saw its UK operating profits edge up to €92m (£72.3m) for the first half this year, up from €89m posted during the same period last year.