Company results
Lancashire pre-tax profits rise in Q3 results
Lancashire Holdings has reported a 30.4% increase in third quarter pre-tax profits, up to $42.9m (£34.4m) from $32.9m (£26.4m) for the same period last year.
RSA on track to meet 2016 profit expectations
UK-headquartered insurer RSA saw overall net premiums rise 6% on an underlying basis in the first nine months of 2016 compared with the same period last year.
AIG reports £500m exposure for accident victims
In its third quarter 2016 results global insurer AIG has been impacted by rising payouts to accident victims for US policies written prior to 2010.
Hastings increases GWP to 26%
Hastings has seen gross written premiums up by 26% from the same period last year.
Chinese P&C insurers see profits decline 29% in first nine months
China's P&C insurers saw profits fall 29% to 48.2bn yuan (£5.8bn) in the first nine months of the year compared with the same period in 2015.
SSP posts £13m profit on back of ‘secure’ customer base
Software house SSP has made operating profits of £13m for 2015, and the company said its future growth prospects are “exciting”.
Go Compare valued at £425m ahead of demerger
Go Compare could have a value of up to £425m once it lists independently on the stock exchange, analysts believe.
Zurich paid out more than £1bn worth in claims during first half of 2016
Zurich has paid more than £1bn in claims during the first half of 2016 with payout figures reaching higher than Axa.
Gallagher continues to see strong growth into Q3 2016
Arthur J Gallagher’s broking division saw strong growth in the first nine months of the year, with net earnings increasing 23% to $97.7m (£80.2m) compared to $75.5m (£62m) for the same period last year.
XL Catlin reports decrease in GWP in Q3 2016
XL Catlin has seen a decrease in its gross written premiums due to higher premiums costs.
Marsh reports steady growth over past nine months
Marsh’s broking arm saw a 4% increase in total revenue over the past nine months, up to $4.4bn (£3.63bn) from $4.2bn (£3.47bn) in the same period last year.
Shareholders bring £155m suit against Slater & Gordon over Quindell purchase
Shareholders are seeking £155m in damages from law firm Slater and Gordon over its purchase of the professional services arm of Quindell.
Axa and Allianz are still the only insurers on Interbrand's Best Global Brands list
Axa is the number one insurer on Interbrand’s Best Global Brands list for the eighth year running with an increased value of 14% to $10.57bn.
ALPS opens office to reach growth targets
Auto Legal Protection Services, is expanding its UK operations with the opening of a new office in Congleton in the North West of England.
Besso Insurance Group reports 16% increase in brokerage as turnover hits £37.6m
Besso Insurance Group has reported a strong increase in its brokerage income in its 2015 results as turnover currently stands at £37.6m with pre-tax profits of £5.26m.
Top 100 UK Insurers 2016
How have the top 100 insurers fared over the past year? What have been the highs and lows faced by the market?
Seventeen Group breaks £10m for first time
Seventeen Group has seen a 6.4% increase in group revenues, exceeding £10m in 2015 for the first time.
Gable CEO Dewsall lambasts "devastating" Solvency II as Brexit blamed for £2.3m loss
The chief executive of Gable Holdings has described the impact of Solvency II as “devastating” and that it had rendered its business model “obsolete”.
FCA data centre outage due to 'accidental discharge' of sprinkler
The outage of the Financial Conduct Authority’s online reporting platform was caused by the ‘accidental discharge’ of a sprinkler system.
Davies Group sees 38% revenue increase in H1 2016
Davies Group saw revenue increase 38% to £44.6m in H1 2016 compared to £32.4m for the same period last year.
This week: Patronuses, start-ups and blockchain
As J K Rowling continues to delight fans with updated ebooks on her website Pottermore this week we learnt a bit more about our team mates on Post as a new feature was released.
Co-op Insurance sees strong GI growth in H1 2016
Co-op’s General Insurance Division has seen a 29% increase in gross written premiums in the first half of 2016, up to £242m from £187m for the same period last year.
Lloyd's sees profits grow £260m in first half of 2016
Lloyd’s of London has reported an increase in profits of £260m billion in the first half of 2016 as compared to the same period last year.
Saga sees no 'impact' from Brexit as it posts 8.5% increase in profit
Saga has seen “no discernible impact” from Brexit as it posted an 8.5% increase in pre-tax profit.