All Finance articles – Page 137
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Beazley CEO cuts stake in comapny
Beazley Group chief executive Andrew Beazley sells 1.32m shares in the company
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Online onlyInsurers get real over ratings
Achieving the highest possible credit rating is not as important as it used to be for insurers, finds Andrew Holt
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Highway interims boosted by strong investment returns
Profits rise 60% despite underwriting loss
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Price-cutting forces Amlin to rethink commercial focus
Lloyd’s giant Amlin this week said it would continue to reduce its participation in the UK commercial market, owing to intense competition within the sector. The warning came as the insurer reported record profits for the first half of the year, beating analysts’ forecasts. Amlin saw pre-tax profit increase by ...
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R&SA seeks alliance for property expansion
US investment giant could provide capacity for insurer’s expansion
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Brit cautious after half year profit rise
Brit Insurance Holdings has warned its second half year profits are likely to take a hit, despite announcing strong first half results.The company reported strong overall profits and underwriting performance with its gross written premium (GWP) up 4.6% to £727m. First half pre-tax profit rose to £106.8m, up from ...
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Pensions group accuses Pointon of PYV bail-out
Financial services adviser the Pointon Group has acquired Lloyd’s broker PYV Risk Management, a subsidiary of PYV Group. Pointon Group chairman Geoffrey Pointon said the £3.25m acquisition was an attempt to revive the fortunes of the business. But members of the Pointon Group pensions scheme have declared the move as ...
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Admiral profit soars as premiums grow 10%
Admiral has announced record profit growth over the first six months of this year, fuelled by the success of its non-underwriting businesses, including aggregator Confused.com. Profit before tax rose by 26% year on year to £86.3m, while group turnover grew by 16% from £359.2m to £417.8m. Total premiums grew by ...
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Brit warns on second half profits
First half profits beat expectations, but underwriting profit falls by £21.7m
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Hampden Underwriting extends share subscription offer
Hampden Underwriting expects share listing on AIM tomorrow
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Grant Thornton creates new financial services group
Company proclaims the creation of a "credible alternative" to the Big 4
