Financial Ratings – Page 46
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NewsAviva general insurance profits down 9%
Chief executive Mark Wilson blamed the Beast from the East for the fall
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NewsAXA UK profits up 28% on the back of strong commercial showing
Overall revenues grew by 2% despite a fall in personal lines growth
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NewsRSA UK posts £39m profit despite personal lines losses
Adverse weather in the UK cost RSA £18m, resulting in a personal lines loss
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NewsCo-op reportedly eyes £300m insurance arm sale
The Co-op Group is assessing its options, but has reportedly already spoken with potential buyers
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NewsDirect Line H1 hit by end of partnerships
DLG key figures hit by end of deals with Nationwide, Sainsbury
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NewsAston Lark completes second acquisition
Kent-based Michael James Insurance will combine with the existing Aston Lark Maidstone office in the coming months
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NewsGRP acquires Chesterfield broker
DCJ founder David Jones said he hoped the GRP deal would enable the broker to grow by acquisition
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NewsSabre posts improved H1 results, but forecasts flat H2
Motor insurer maintains focus on COR rather than growth
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NewsGoCompare posts record H1 results
Aggregator credits cost savings and technology improvements as revenues remain flat
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NewsAviva to start shares payout
Aviva to start its preference shares compensation payout this week
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NewsHiscox on course for 1 million retail customers after strong H1
Hiscox reported sharp improvement in first half results amid more stable rating environment
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NewsAJG group broking boosted by higher rates
AJ Gallagher’s broking benefits from an increase in rates across the board, and sees further modest rate increases through the remainder of the year
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NewsMotor costs fall for second quarter in a row
ABI figures reveal the first year-on-year quarter fall since 2014
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NewsAston Lark revenues up 6% since merger
Chief executive Peter Blanc said he was delighted with the first set of annual results since the merger of Aston Scott and Lark Group
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NewsChinese investor eyes Ageas – report
China’s Fosun is reportedly considering buying all or part of Ageas
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NewsClear strikes private equity deal and vows acquisitions surge
SME broking group says new private equity backers will help fund future acquisitions
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NewsExclusive: Bexhill applies for banking status
Exclusive: In a bid to compete with Premium Credit and Close Brothers, Bexhill is looking to gain banking status to provide “an alternative for brokers”
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NewsBeazley shares fall sharply on H1 results
The Lloyd’s insurer saw its shares fall sharply in early trading
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NewsBeazley profits fall on reserve strengthening, lower investment returns
Underlying business shows strong growth, with premiums up 15%
