Results – Page 35
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Ardonagh chief plays down IPO prospects
Broker has plenty of access to capital through its private equity investors
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Former mutual insurer boss faces FCA’s wrath for dodging income tax
FCA seeks to fine Stuart Forsyth £78,318 for avoiding tax responsibilities, dependent on an Upper Tribunal determination
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Aviva shares plummet for second time in a week as market reacts to strategy shake up
Double drop means Aviva’s shares have lost about 8% of their value this week
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Aviva reveals ambitious GI plans to attack mid-market and corporate
Aviva boss Tulloch targets growth by a fifth in GI
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GRP-backed County Group buys Wales-based commercial risk specialist
The purchase marks the GRP-owned broker’s fourth acquisition this year
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Towergate snaps up Swansea-based broker
The independent broker and risk management firm wishes to boost its offering in the Swansea area
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Figures reveal Pioneer's major losses amid syndicate run-off
The MGA placed its syndicate into run-off last week
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GRP makes foray into the high-end property market
The acquisition is GRP’s fourteenth of the year
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Pioneer puts Lloyd’s syndicate into run-off
The MGA said it will instead focus on business where Pioneer can provide differentiated value through expertise and distribution
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Irish insurer goes into run-off
The company said it would continue to meet all policyholder obligations
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Admiral subsidiary worker wrongfully dismissed, court finds
The Admiral subsidiary sacked employee before the conclusion of criminal enquiries
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Law firm partners fined £80,000 for selling insurance through own broker
FairPlane UK directors to cough up after breaching Solicitors Regulation Authority principles
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Ageas chief executive warns of unsustainable premium prices
Andy Watson reveals that climbing claims costs is creating pricing pressure.
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Vibe syndicate goes into run-off
The MGA had previously said it was closing some of its business units
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Hiscox shares take a battering as opioid abuse scandal threatens to engulf insurance industry
Hiscox said it was taking pre-emptive action to head off a casualty catastrophe
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Beazley reports 12% increase on gross written premiums for Q3
The London market insurer shows a total $2.192m for gross written premiums in the first nine months of 2019.
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Allianz hit by claims inflation and Ogden rate change
Combined operating ratio deteriorated in the third quarter as cost of parts and labour rose sharply
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Barbon Insurance Group and Let Alliance complete merger
The combined business aims to offer protection and ancillary services to letting agents and landlords.
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AXA reports 3% improvement in European revenue to reach €27bn
The multinational insurer additionally noted group-wide gains in its property and casualty portfolio within the first nine months of 2019.
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RSA reports boost in underwriting profit despite financial market challenges
The London-based insurer shows improvements across its weather, large loss, attritional loss and controllable expense ratios for the past nine months.