Company results
Results news: 'Admirable' performance as Towergate rates stay put
Towergate executive chairman, Peter Cullum, has claimed that the company has refused to follow the market's "kamikaze" approach to rates.
Results news: Allianz determined to do away with all loss-making business
Allianz chief executive, Andrew Torrance, has outlined plans to push through rate increases in commercial after admitting that the current level of return was "not terribly attractive".
Results news: Fortis to plough on with rebranding despite loss
Fortis UK has confirmed it will complete its rebrand to Ageas by the first quarter of 2011, after announcing a £1.8m loss during Q1 2010 (Q1 2009: £4m profit).
Arista reports £1.5m operating loss for 2009
Charles Earle, Arista Insurance chief executive, said the 2009 figures were in line ambitions to make a "consistent trading profit" during year three of trading.
Europ Assistance announces rise in turnover and profits
Europ Assistance Group has announced a 6.6% rise in turnover in 2009 to €1.288bn (up 7.6% in constant euros) despite the economic crisis hitting its two traditional markets of automotive and travel.
Chaucer reports 11% hike in motor rates
Lloyd's insurer Chaucer this morning reported a drop in gross written premium income to £250.1m (2009 Q1: £257.8m).
Allianz sees profits slip 10 points in first quarter
Allianz Insurance's pre-tax profits have slumped more than 10% to £36.7m (£41.1m: 2009) for the first quarter of 2010, despite a near 5% increase in gross written premium (GWP) to £411.3m.
Cullum reflects on extraordinary 2009 as Towergate posts results
Results reveal the Maidstone-based broking and underwriting group had a testing 2009.
Hiscox reports £10m Deepwater oil disaster impact
Hiscox gross written premiums (GWP) increased by 6.4% in local currencies to £504.1m in the first three months of 2010.
Aviva's results suggest GI recovery
Aviva’s first quarter statement has shown “a return to volume growth in 2010” despite tough conditions and cost cutting.
Brit Q1 results reveal drop in gross written premiums
Brit Insurance Holdings has reported a 13.3% drop in gross written premium (GWP) to £483.5m in the first quarter of 2010 (2009: £557.6m), a decrease of 9.9%
RSA grows in Q1
RSA has added premiums in both personal and commercial lines
Willis international results affected by weak UK market
In its first quarter results for 2010 Willis Group reported a net income from continuing operations for the first quarter of 2010 of $204m (£134m) compared with $192m last year.
Xchanging expects to meet year targets
Xchanging has issued its interim management statement covering the period from 1 January 2010 to date.
LV's GI business achieves a profit
LV’s general insurance business made a profit of £7m in 2009, compared to a loss of £30.1m the previous year.
Cooper Gay's revenue and profits rise
Cooper Gay has reported a 29% increase in revenue to £100.5m in 2009, compared to £77.9m the previous year.
JLT: non-advisory branch to merge with Thistle
Jardine Lloyd Thompson (JLT) has revealed it is merging its non-advisory division with Thistle Underwriters.
Jackson report may shape Allianz legal expenses business, says CEO
Allianz UK chief executive, Andrew Torrance, admitted the company may restructure its legal expenses business in light of the Jackson report if the expected impact on the ATE market materialised.
Soon to rebrand CBG reveals acquisition is imminent
CBG Group has revealed it is involved in talks with a 'number' of businesses and expects to finalise an acquisition deal during the first half of 2010.
Fortis rebrand and expansion on horizon despite profit loss
Fortis UK is to expand its commercial ambitions in the wake of a near £50m drop in profits and ahead of an enforced rebrand.
Ecclesiastical back in the black
Ecclesiastical has announced a return to profit in 2009 with pre-tax results of £79m, the second highest in its history. The profit is in marked contrast to last year’s loss of £22.5m.
Lloyd's announces record profit of £3.9bn for 2009
Lloyd's has reported a record £3.9bn profit for 2009, compare to £1.9bn the previous year.
Canopius reports record results
Canopius Group, a privately-owned Lloyd’s insurance underwriting business, today announced a record performance for the year ended 31 December 2009.