Company results
Interview: Anthony Baldwin, AIG
Eighteen months into his role, Anthony Baldwin, CEO of AIG Europe and AIG UK, talks to Stephanie Denton about restructuring, co-creating and being the first insurer to move to Luxembourg.
Direct Line results strengthened by weaker than expected Ogden hit
Direct Line’s strong H1 results were in part helped by the insurer taking a smaller hit from the change to the Ogden rate than expected.
Go Compare to invest in new businesses following strong results
Go Compare is looking to invest in tech businesses after revealing strong H1 results.
Go Compare sees profit rise in H1
Go Compare saw its profit before tax rise 1.7% in H1, to £39.6m from £34.5m for the same period last year.
Hiscox sees profit and GWP rise in H1
Hiscox saw its gross written premiums increase to £1.45bn in H1, a 13% rise on the same period last year.
Gallagher posts 6% rise in H1 broking profit
AJ Gallagher posted a 6% rise in profit for its broking business in the first six months, compared to the same period last year.
Lancashire profit up at $67m in H1
Property and casualty insurer Lancashire reported an 18% rise in first-half pre-tax profit thanks to a benign loss period.
JLT's profits jump 80% as business grows across all territories
JLT saw total revenue growth of 11% in H1 2017, up to £689.9m from £619.4m for the same period last year.
Markel improves COR in Q2 and buys US fronting insurer
US headquartered global insurer Markel has beaten Q2 market expectations and bought a Texas-based insurer for $919m.
Broker Network saw revenue rise over 2016
Broker Network saw revenue increase to £10.3m in 2016, up from £8.8m in the previous year.
Beazley's H1 profit up 6% thanks to speciality lines and investment gains
Lloyd's of London insurer Beazley reported a 6% rise in first-half pre-tax profit, thanks to growth in its US specialty lines business and investment gains.
Constructaquote sees 34% profit increase in 2016
Broker Constructaquote reported a 34% profit increase of £663k in 2016.
Interview: Grenfell Tower insurer reveals UK expansion plans
It is estimated that the Grenfell Tower fire could result in claims of up to £50m. However, the carrier responsible for insuring the building said that its expansion plans for the UK remain undimmed.
Go Compare on track for 22% boost in half-year earnings
Price comparison site Go Compare has said it's on track for a 22% leap in earnings for the six-month period ending 30 June 2017.
Broker influx sees Acturis's revenue jump 20%
Acturis has said that winning broker clients from rival software houses accounted for a 20% spike in revenue over 2016.
Kennedys reports an 8% increase in global turnover
Kennedys has reported an 8% increase in turnover for the financial year 2016/17 of £149.9m (2016: £138.8m).
IAG lifts full year guidance on higher reserve releases
After a tough year of natural catastrophes Sydney-headquartered insurer IAG has raised its margin guidance range for the full financial year after announcing higher than expected reserve releases.
One third of TT Club's business at stake from hard Brexit
TT Club has said it will be monitoring Brexit discussions to ensure that it can still do business in the European Union.
Tysers sees revenue grow over 2016
Tysers saw its revenue increase 12.8% in 2016 to £52.8m from £46.8m in the previous year.
BP Marsh poised to make further investments in 2017
Venture capital group BP Marsh is looking to make investments of around £5m into six different firms throughout 2017.
BP Marsh saw 12% hike in profits in 2016
BP Marsh saw a 12% hike in profits in 2016, up to £9.8m from £8.7m in the previous year.
BC Partners reportedly preparing to sell Sabre
Sabre Insurance is reportedly being sold by private equity firm BC Partners.
Vienna Insurance Group sees profits climb by 22%
Vienna Insurance Group saw profits before tax rise 22% in Q1 2017 to €109.6m (£94.6m) from €89.6m in the same period last year.
Tradex borrows £7m to meet Solvency II requirements after Ogden rate hit
Tradex has borrowed £7m from its parent to maintain its solvency capital position in the wake of the Ogden discount rate change.