Financial Ratings – Page 26
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Online onlySwiss Re reveals big hit on Thomas Cook collapse
Swiss reinsurance giant cancels share buybacks plans amid Thomas Cook losses and cost of cat disasters
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Online onlyGallagher reveals multi-billion dollar M&A firepower
Pat Gallagher and finance chief Doug Howell say plenty more acquistions on the cards following third quarter results
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Breaking News'Shocked and hurt' - Ex-Gallagher broker demands apology for racist and religious comments
Nawaf Hasan has called for his former employer to show ‘real contrition’
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NewsBroker buy boosts SRIL specialty capability
The deal will see SRIL acquire the Croydon-based broker, which places approximately £20m of premium into the UK insurance market
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AgendaBroker boss takes gentler approach to M&A
Mid-market broker aims to blaze the acquisition trail at its own pace
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NewsHastings shares fall again as claims issues continue to bite
Rising third party credit hire cost, repair costs and mid-range bodily injury costs accounted for the claims inflation
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NewsNew syndicate targets $1bn premium into Lloyd’s
The syndicate will focus on the specialist US high net worth market
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NewsMarkerstudy seeks fresh capital as it faces £217m repayment deadline
The insurer has six weeks to repay a loan to Qatar Re
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News AnalysisInsurtech guru leaves firm to join pay-as-you go disruptor
He has also worked at Startupbootcamp as a mentor and is a legal advisor for Insurtech UK
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Online onlyTesco looks to acquire underwriter
TU was formed in 2009 to offer Tesco branded personal lines motor and household covers to the supermarket giant’s customer base
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AgendaCash injection beefs up struggling Gefion’s solvency
The funding will be used to strengthen Gefion’s capital base
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NewsEthos-backed Saffron continues spending spree
Latest purchase brings total number of brokers bought by the East-Anglia-based broker to five
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NewsAggregator disruption: Customers flock to GoCompare’s auto-switching
It exceeded its previous target for full year live customer numbers
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NewsSuitors line up for Aviva Asia business
Aviva admitted the Asia business was for sale last month
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Online onlyArron Banks' Eldon Insurance sees profit rocket
The broker is now focusing on artificial intelligence and machine learning as it targets further growth
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Online onlySaga insurance profits dive in ‘challenging market environment’
Broker challenged by regulatory crackdown on dual pricing and tough market conditions
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Online onlyLloyd’s posts £2.3bn profits but underwriting deteriorates
Lloyd’s boosted by strong investment performance but much work remains on underwriting
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NewsCRL closes door to new business in wake of Alpha collapse
All policyholder enquiries are being directed to BCR Legal Group
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AgendaGallagher buys landlords insurance broking group
Brentford-based group claims to manage the insurance requirements of over 140,000 policyholders
