Company results
Axa reports improved revenues and rates in UK & Ireland
Axa’s UK & Ireland operations have reported property & casualty (P&C) revenues of €3.2bn (£2.5bn) for the first nine months of 2012.
Willis chief hails "impressive turnaround" of its UK business
The "impressive turnaround" of Willis' UK business during the third quarter of 2012 was welcomed despite the broking giant seeing its net income drop by a third, according to its latest financial results.
Profits up at Transactor
Transactor Global Solutions Limited (TGSL) and associated companies has announced a 20% increase in pre-tax profits to £600,000.
Blanc warns on commission disclosure
Peter Blanc, chief executive officer at Oval, has warned that brokers should expect full transparency on commissions within five years.
Arthur J Gallagher blames acquistion costs for 2011 loss
Arthur J Gallagher UK blamed acquisition costs for its £2.8m loss for the year ended 31 December 2011.
Autonet reports £5m jump in turnover
Autonet Insurance Services has reported a turnover of £25.4m for 2011, compared to £19.8m for the year before.
Swinton results improve despite £560,000 loss of office payout
Swinton Holdings has reported a turnover of £329m for 2011.
ULR Additions returns to profit and doubles turnover
ULR Additions has reported a £2.7m pre-tax profit for 2011, up £6.1m on its 2010 performance.
Lloyd’s swings back to half-year profit
Lloyd’s has announced a profit of £1.53bn for the first six months of the year, reversing a loss of £697m in the same period of 2011.
Bluefin "took some medicine" to aid broker partner division
Bluefin Insurance Group "took some medication" in 2011 and has seen its broker partner division emerge stronger this year.
Swiftcover racks up £10m loss for 2011
Swiftcover Insurance Services recorded a £10.7m post-tax loss for the year ended 31 December 2011, a substantial fall from the £291,000 profit recorded for the previous year.
Brightside says half-year results would be "envy" of brokers
Brightside Group has announced robust growth for the first half of 2012 with revenue and pre-tax profit both rising.
Allanfield reports revenue and profit growth after 'hectic' year
Allanfield Group has reported a net revenue of £2.1m for the first six months of 2012.
Coface reports improved turnover and jump in profit
Coface has reported turnover of £808m for the first half of 2012, up 5.8% from the same period of 2011.
Esure reports improved profit, GWP and COR
Esure Group Holdings has reported a 46% improvement in profit for the first six months of 2012, at £60.2m compared with £41.3m for the same period of 2011.
Ai Claims owners report growth and profit
Quindell Portfolio has reported increases in revenue and declared a profit for the first six months of 2012.
Abbey Protection reports increased profit and GWP
Abbey Protection has reported a 3% improvement in its profit before tax, up to £5.2m for the first six months of 2012.
Editor’s letter - September 2012
“Insurers and brokers responded to the half-year results across the market by agreeing there appeared to be a glimmer at the end of the tunnel”
Mixed results leave brokers guessing
Insurer results paint a confusing picture of the current state of the market
Carole Nash chief satisfied with broker's performance
The chief executive of Carole Nash David Newman has described the broker's 2011 full-year figures as "satisfying" in a "very mature market".
Hodges upbeat over rise in Ebitda
Towergate group CEO Mark Hodges has promised “more of the same” for the rest of 2012 as the consolidator revealed an increase in Ebitda and reduced losses.
Profits stable at Confused.com
Admiral, owner of Confused.com, has revealed the comparison site increased total revenue by 7% to £43.2m (H1 2011: £40.4m) in the first six months of 2012.
Carole Nash reveals robust 2011 profits despite "economic squeeze"
Carole Nash has posted rising pre-tax profits and turnover for the year ended 31 December.
On-going woes for Towergate’s network division
The divisional breakdown of Towergate’s half-year figures has revealed that income and earnings for its network division have fallen again.