Financial Ratings – Page 54
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NewsLV= profit boosted by 'strong underwriting discipline'
The mutual insurer posts improved results ahead of implementation of Allianz joint venture
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NewsIBM hits back at Co-op in £130m tech upgrade lawsuit
Co-op ‘effectively brought termination on itself’, alleges IBM in £130m lawsuit
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NewsPI law firm to consolidate because of reforms
A top law firm is to move more work to its head office a year before whiplash reforms come into effect
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NewsHundreds of UK firms reassured over CBL collapse
Around 200 firms in the UK have indemnity cover with the collapsed insurer
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NewsRSA boss Stephen Hester lands £5m after strong 2017
RSA chief executive, Stephen Hester pockets £4m on top of his £1m salary after a strong year which saw record underwriting results
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NewsMS Amlin to put UK jobs at risk
Following a review, MS Amlin to cut expenses, putting a number of UK jobs at risk
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NewsSmartdriverclub increases telematics capacity
Smartdriverclub hopes to increase its GWP via aggregator site by 200% in two years
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NewsWhiplash reforms could cost lawyers £81m per year
An impact assessment on the new PI reforms says lawyers could lose out on up to £81m per year, while insurers can expect a huge benefit of over £1bn
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NewsSabre posts strong maiden results
The motor insurer’s first financial statement since its stock market listing shows continued strong performance
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NewsCatastrophes to blame for Lloyd's of London's £2bn loss
Lloyd’s reports its first annual loss in six years
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NewsSSP business extends contract with RAC until 2024
Extension means RAC will continue to be SSP-owned Keychoice’s breakdown partner for the next six years
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NewsSinclair hails 'solid' results as 900,000 NFU customers receive loyalty discounts
NFU profit for the year almost halves, while the insurer’s general insurance premium income increases by £80m year on year
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NewsMunich Re in talks to buy new London skyscraper - reports
The reinsurer is in talks with Brookfield Properties about acquiring the One Leadenhall plot.
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NewsMotor premiums increased ‘dramatically’ in Q4 2017 – Biba
Personal, commercial and fleet insurance saw consistent premium increases throughout the year, but especially in Q4
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NewsAverage motor claim at record level – ABI
ABI says the cost of theft and vehicle repairs contribute to increase
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NewsAviva goes 'from strength to strength'
Aviva’s UK general insurance business increases profits and volumes in 2017
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NewsL&G GI profits hit by escape of water claims
Higher than expected household claims reduced L&G’s general insurance profits
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NewsEsure still on hunt for new boss, as profits soar
Listed insurer still looking for a new chief executive reports sharp gains in profit and GWP
