Results round-up: H1 2015

Allianz: Insurer suffers dip in first half profits
Allianz's UK pre-tax profits fell 12% in the first half of 2015 to £56.5m compared to £64.2m in the same period last year.

 

Allied World's profits hammered in Q2 by catastrophes and investment losses
Allied World's after tax profits fell 94% to $9.5m (£6m) in the second quarter compared with the same period last year when profits hit $151.9m.

Aviva: UK GI records best COR in 8 years despite fall in profits
Insurer delivered its best UK general insurance combined operating ratio for eight years in the opening six months of 2015, however operating profit fell 11% to £223m (H1 2014: £251m).
 

Direct Line Group: Operating profits increase £100m as COR drops to 89.4%
Direct Line Group has reported a £100m increase in operating profit for the six months ended 30 June 2015 and a 6.7 percentage point increase in its combined operating ratio.

Hastings sees GWP jump 24% in H1
Hastings Insurance Group saw gross written premium increase by 24% to £282.7m in the first six months of 2015 (H1 2014: £227.2m) aided by continued growth in customer numbers. 

Lancashire Holdings: COR and GWP deteriorate
Lancashire Holdings has reported a combined ratio of 78.2% in the second quarter of 2015 and a year-to-date COR of 75.1%, with both results representing deterioration on the insurer's 2014 performance.

Markel: 90% H1 combined ratio
Markel International has reported a comprehensive loss to shareholders of $132.9m (£85.1m) in the second quarter of 2015 compared to a loss of $250.6m in Q2 2014.

RSA: Insurer reports record UK underwriting profits
RSA has reported record UK underwriting profits of £77m and a combined operating ratio for the region of 94.4% for the first six months of 2015.

Towergate reports £58m first half loss
Towergate's operating earnings decreased by 40% to £39m (H1 2014: £65m) for the six months ended 30 June 2015 alongside a 10% drop in revenues to £184m for the period.

Tysers: Broker restructure pays dividends
The non-marine, international and marine and specialty broker saw an increase in profit before taxation of 21.6% to £8m (2013: £6.41m) and net assets at year end of £13.8m (2013: £10.9m).