Financial Ratings – Page 45
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NewsERS returns to profit as motor-only, broker-only strategy pays off
ERS credits turnaround on its focus on the bottom line and a four-year investment programme
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NewsRun-off Gibraltar insurer suing CBL subsidiary
Elite Insurance is suing a Luxembourg-based CBL subsidiary, seeking €14.5 million
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NewsAdmiral profit boost as it passes 4 million motor policies
Admiral posted strong first half results and set out the impact of any future Ogden change
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NewsLloyd's syndicate takes on 177,000 GAP policies from collapsed Alpha
The unnamed Lloyd’s syndicate took on the policies from Sunday
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NewsEsure 'minded to accept' £1.17bn takeover bid
Offer from US private equity firm tempts Esure’s management
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NewsSurprise changes revealed as Top 50 Brokers 2018 launches
A reshuffled top five, and six new entrants in the Top 50 Brokers 2018
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NewsManchester-based MCM is Broker Network's seventh regional acquisition
MCM Insurance was an original founding member of Broker Network and controls £22m GWP
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NewsDispute over sale of unrated Danish insurer that pulled out of UK motor brokers
New Nordic claims it acquired unrated Qudos in a “distressed state” and is seeking up to €35m in compensation from former owners Echelon
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NewsTravel insurance suffers as medical expenses cost £3.9m per week
Insurers are paying record amounts for medical treatment, with the USA and cruises proving the most costly
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NewsZurich UK GI returns to profit as SME focus offsets weather losses
Zurich UK GI benefits from underwriting discipline and a shift in business mix
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NewsWeather pushes L&G GI into H1 loss
Without the Beast from the East, L&G’s GI business would have posted strong profit growth
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NewsHastings profits soar as market share grows
Hastings credits underwriting discipline with positive first half results
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NewsICB Group and Finch to collaborate after Verlingue completes acquisition
Verlingue’s acquisition of ICB Group triples its size in the UK market
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NewsLV= commercial lines brokers switching face Allianz commissions
LV= brokers invited to transfer to Allianz will be treated as any other new business
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NewsAllianz H1 profits up 17.5% ahead of LV= transfer of commercial lines
Allianz will send out invitations to LV= commercial lines brokers on Monday
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NewsAviva anticipating motor to bounce back after revenue fall
General insurance MD Rob Townend says Aviva will not go chasing the personal motor market for short-term gain
