Financial Ratings – Page 60
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NewsMarkerstudy in sale talks with Qatar Re – reports
Markerstudy in ‘advanced’ talks with Qatar Re, say reports
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NewsLiverpool fire seen costing £2m in car payouts alone
Insurers could have to pay over £2m after as many as 1,400 cars were destroyed in the blaze, reports City AM
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NewsTempcover completes management buyout
Private equity provides capital and non-executive expertise for managment buyout
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NewsAllianz, LV= complete first stage of joint venture
Allianz has bought a 49% stake in LV=’s UK general insurance business
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NewsUK General’s yearly profit fall “reflects structural changes”
UK General releases its yearly profit, after large investment into structural changes
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NewsAviva paid 96% of claims in 2016, worth over £2.7bn
Aviva paid £2.7bn last year in cash settlements and services to more than 775,000 UK customers
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NewsPoundland fights back amid reports of trade credit problems
Poundland hits back over reports of trade credit problems amid scandal at its South African owner
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NewsCar insurance app raises over £300,000 in first week of crowdfunding
Honcho raises almost half its £650,000 target in its first week of crowdfunding
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NewsOutlook is stable for global P&C in 2018 – Moody’s
Moody’s latest report on P&C says the outlook is stable for 2018
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News2018 predictions: Motor insurance “firmly back in the black" - EY
EY UK general insurance leader Tony Sault predicts a bit of welcome relief for the motor insurance industry in 2018. However, things are not looking up for the home insurance market.
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NewsGRP attracts £200m extra funds for acquisitions
Consolidator finds new finance for its buy and build strategy
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NewsR&Q in deals with motor MGAs
R&Q signs delegated underwriting agreements with Xpekt and Blagrove
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NewsRecord-breaking £160m paid out every day to customers - ABI
Record year for payments as £160m was paid out every day in 2016
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NewsL&G on track for 'record' 2017
Legal & General reports 13% higher GWP in general insurance products
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NewsSedgwick agrees acquisition of Cunningham Lindsey
The conclusion of the sale is subject to customary conditions and regulatory approvals
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NewsSaga warns of 5% decline in next year's profits
Over-50s group says ‘challenging trading’ to limit current year profit growth
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NewsHyperion plans 'significant' acquisition soon, after Canadian cash boost
Hyperion will soon announce a ‘significant’ acquisition, after receiving a $400m cash boost
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Online onlyGallagher steps up UK acquisitions with 'terrific' purchase
Gallagher buys consulting firm
