All Finance articles – Page 146
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S&P upgrades Lloyd's to “A+”
Lloyd's upgrade is due to “unstoppable momentum behind improving London Market business processes” and the Equitas transaction...
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Prudential's UK sales fall
Prudential, Britain's second largest insurer, has reported a modest rise in first-quarter sales, but UK sales fall...
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HCML announces revenue growth
Health & Case Management (HCML), the market's leading rehabilitation case management provider, has announced revenue growth of 69% to £5.8m...
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Towergate buys Scottish broker
Towergate Partnership acquires Scottish insurance broking firm, J W Group Insurance & Risk Management...
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News
Private equity buys Alea for £162m
Private equity firm Fortress Investment Group has made its first foray into the insurance market, acquiring ailing reinsurer Alea Group Holdings for £162m. In the past 18 months Alea, hit by losses from hurricane Katrina, has sold off its core business offerings and pursued an aggressive run-off strategy.Fortress,which has ...
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UK plans for tax-free repatriation of profits
The Treasury is drawing up plans to allow British-based multinationals to repatriate billions of pounds of foreign profits tax free, according to reports.
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Decrease in finite puts Imagine back on stable
AM Best has revised the outlook of Imagine Insurance Company from negative to stable...
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News Analysis
Financial results
Insurers' strong financial performance will bring mixed fortunes for brokers, says Katy Dowell