All Finance articles – Page 34
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Online onlyAllianz UK Q1 profit dips 5% as premiums rise
Allianz’s UK division made an operating profit of €40m (£35m) in the first quarter of 2011, down 5% on the €42m it made in the same period last year, according to the Allianz Group’s Q1 interim report.The Q1 2011 combined ratio was 97.1%, up slightly in Q1 2010’s 96.5%. The ...
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Online onlyRSA UK Q1 premiums up 9% despite cutbacks
RSA wrote £760m of net premium in the UK in Q1 2011, up 9% on Q1 2010 levels. The overall increase comes despite cuts in several business lines as the insurer pulled exited unprofitable business.RSA has also increased rates in all its main UK business segments.Personal lines net written premiums ...
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NewsWillis lags behind among big three with £105m profit drop
One-off restructuring and refinancing cost dent promises better results in future quarters
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Online onlyRBSI profits in Q1 but COR still above 100%
Royal Bank of Scotland Insurance (RBSI) made an operating profit of £67m in the first quarter of 2011 compared with a £50m loss in the same period last year.However, the company is still losing money from underwriting – though less than previous quarters. Its combined operating ratio for the quarter ...
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NewsTowergate halves 2009 losses and cuts debt
Improvements have come from a £38.8m boost in turnover
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Online onlyGallagher signs up to R&Q ‘broker wrap’ service
Run-off specialist R&Q returned to profit in 2010
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Online onlyBarbon broker to 'smash' 2011 profit target
Cadogan Keelan Westall spurs growth with additional hires
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