Company results

Acromas claims anti-PE bias amid reported loss

Acromas Holdings, the parent group of insurance providers AA and Saga, has claimed "scaremongering" against private equity houses has seen the ongoing performance of the business masked by a £529m overall loss, caused by interest repayments.

Rok looks for new FD in wake of £3m loss

Rok has recorded a pre-tax loss of £3m for the first half of 2010, following the suspension of its finance director for failings in the control of its plumbing, heating and electrical business.

Zurich recruits new investor relations head

Zurich Financial Services Group has today announced the appointment of Debra Broek, currently deputy head of investor relations and rating agency management, to the position of head of investor relations and rating agency management, effective 1…

No job cuts at Autofocus

The new owner of Autofocus has pledged that there will be no redundancies after rescuing the business, just days after it went into administration.

Crawford results show $2.5m net loss

Loss adjuster Crawford & Company has reported consolidated revenues before reimbursements of $238.2m in the second quarter of 2010 compared to $249.7m in the same period of 2009.

Editor's comment - RBSI: happy at home

Following the announcements of staff cuts and the possible withdrawal of NIG from personal lines, Royal Bank of Scotland Insurance showed its hand this week, and it was — to say the least — a little soiled by bodily injury claim losses.

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