Company results
LV examining product lines at a 'forensic level' following H1 results
LV will be examining their product lines at a "forensic level" to increase profitability following its H1 results.
LV sees 85% drop in underwriting profit in H1 2016
LV Group has described its H1 2016 GI results as ‘solid’, despite an 85% drop in underwriting profit and a 69% drop in operating profit from the same period last year.
Helvetia reports increased underlying earnings and new corporate structure
Swiss insurer Helvetia Group has reported an increased underlying earnings of 8% to £238m in the first half of 2016 (2015: £220.9m).
R&Q ‘back in the black’ after turnaround in results
Randall and Quilter has announced a pre-tax profit of £1.2m for the first half of 2016, a turnaround from a £4.5m loss in the same period last year.
Insurance drops out of top three worst customer experience sectors
The Insurance sector is no longer one of the worst three sectors for customer service and experience.
Fosun's insurance profits fall as revenues more than double in first half
Chinese conglomerate Fosun's insurance division saw mixed fortunes in the first half of 2016.
Bluefin posts £17m loss for last year
Bluefin has reported a post-tax and amortisation loss of £17m in its 2015 financial results.
Charles Taylor reports 6.8% rise in revenue to £74m
Charles Taylor has reported a 6.8% increase in revenue to £74m in the first half of 2016.
Disappointing results for Slater and Gordon due to poor performance in its UK operations
Slater and Gordon has reported an overall loss of £778.59m, in its final results for 2015-2016 partly due to its underperformance in its UK operations.
Elite Insurance sees pre-tax profit soar with 140% increase
Elite Insurance has reported strong H1 results for 2016, with a 140% increase in pre-tax profit and a 20% increase in net assets.
Slater & Gordon set for A$1bn loss
Slater & Gordon is set to make losses of A$1.01bn (£587m) for the past financial year.
Towergate records £16.7m EBITDA in first half; revenue falls 7%
Towergate's profits before amortisation, interest and tax climbed to £16.7m in the first half of 2016 compared to a loss of £14.7m in H1 2015.
Steadfast's profits and revenues climb in 2015/16
Steadfast, the Australian general insurance broker and broker network, had a solid year of growth in the financial year ending 30 June 2016.
Ecclesiastical sees a return to more muted results for H1 2016
Ecclesiastical has reported a dip in profits for the first half of the year after a "return to a more normal claims experience compared to an exceptionally benign H1 2015".
Vienna Insurance Group's profit before tax falls by 17.5%
Vienna Insurance Group has seen pre-tax profits fall by 17.5% in the first half of the year.
IAG posts solid results in 'challenging conditions'
Australian-headquartered giant IAG saw after tax profits fall 14% but insurance profits climb 6.8% for the full year ending 30 June.
IAG grows Asia GWP to A$757m
In the last financial year Australian-headquartered insurer IAG grew its gross written premiums in Asia, outside of China, 7.5% to A$757m (£582m).
Week in Post: Amazon Echo; pills that make you hard; CMC scourge and elderly drivers
This week Post reporter Rosie Quigley and I were given a tour around the Accenture Innovation Lab at Plantation Place in the City.
QBE cancels £31.1m deal with Network Rail
A £31.1m insurance arrangement between QBE and Network Rail was not renewed in the first half of the year because of “unacceptable terms”.
Brightside sees slump due to 'brutal' motor market
Personal lines broker Brightside has seen its pre-tax earnings drop by 24% amid what it described as a “brutal” private motor environment.
QBE could set up post-Brexit EU entity ‘before 2018’
QBE could set up a legal entity in Europe before the end of next year if a decision over passporting rights has not yet been made.
Admiral CEO predicts 'no material difference' following Brexit despite dramatic drop in solvency ratio
Admiral CEO David Stevens today said that Brexit will make no material difference to the insurer, despite the group seeing a significant drop in its solvency ratio following the out vote.
Admiral increases overseas' car customers by 20% in first half
Admiral's CEO David Stevens has hailed the strength of the business as he unveiled his first results since taking on the top job.
QBE's first half profits fall 46%; Australia and New Zealand CEO exits
Australian giant QBE's 2016 first half after tax global profits declined 46% to $265m (£203m)compared with $488m in the same period last year.