Company results
Towergate delivers rising Ebitda and reduced losses
Towergate Insurance has revealed a 5% increase in Ebitda to £80.6m for the first six months of the year from £76.7m in the same period of 2011.
Silly season
So here we are again, in the midst of silly season.
Co-op hails performance in face of summer flooding
The Co-op Insurance has weathered the effects of the June flood claims to post a £22m turnaround in its post-tax profits.
Ecclesiastical claims no need for broker concern over results
Ecclesiastical has moved to reassure brokers following its disappointing results for the first six months of 2012.
Co-op insurance operating profits soar
The Co-operative Insurance's operating profit rose by 346% to £30.3m (H1 2011: £6.8m) while its net earned premium edged up 2.9% to £297.5m in the first half of 2012 (H1 2011: £289m).
UK underwriting loss for Equity owner
Equity Red Star owner, Insurance Australia Group (IAG), has revealed that it made an underwriting loss on UK business of AU$23m [£15.21m] for the year ended 30 June 2012.
IAG writes off nearly AU$300m on UK arm
IAG has written off AU$297m [£196m] of all remaining goodwill and intangible assets for its UK division.
Ecclesiastical doubles underwriting loss as COR worsens
Ecclesiastical has reported a group underwriting loss of £14.4m for the first six months of 2012.
Profits up at Amlin
Amlin has returned to pre-tax profit in the first half of 2012 with a result of £184.5m reversing a loss of £192.3m in the same period last year.
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.