Company results

L&G reports 7% Q3 rise in GI GWP

Legal & General reported third quarter general insurance gross written premiums of £221m, £15m (7%) up on the same period last year.

TGSL reports 24% growth for 2011

Insurance software house, Transactor Global Solutions reported turnover of £5.2m for 2011, an increase of 24% year on year.

Transactor reveals growth of 24%

Transactor Global Solutions and associated companies have today announced turnover of £5.2m , an increase of 24%, and pre-tax profits for the group of £0.5 million, an increase of 18%, for March 2011.

Axa reports modest UK P&C growth

Axa has reported its third quarter property & casualty revenues in the UK & Ireland were up 1% to €2 821m from €2 791m.

IAG on track to meet FY12 guidance

Insurance Australia Group managing director and CEO, Mike Wilkins, advised shareholders at the company's annual general meeting that it was on track to deliver its results guidance for the 2012 financial year.

Towergate losses hit £21.3m

A second quarter report from Towergate has revealed the broker lost £21.3m in the first half of the year, up from £13.7m in the same period of last year.

Penny Black’s insurance week

Globetrotting Penny was expecting to see many things on her recent holiday to Berlin — the Reichstag; the Brandenburg Gate and the Holocaust Memorial Museum — but what she was not expecting was a rather fancy-looking Allianz building right in the middle…

BP Marsh reaps investment profits

Insurance industry venture capital firm BP Marsh announced a near 70% rise in pre-tax profit to £2.3m (2010: £1.4m) and said its net asset value (NAV) had grown 8.1% during the year.

BGL gears up European expansion plans

Compare The Market owner BGL has turned down acquisition opportunities in Europe, but continues to look to grow its presence on the Continent, with discussions in Italy and Spain ongoing.

View from the top: Model for the future

Changing catastrophe models will continue to demand, not replace, underwriting expertise, says Matthias Horntrich, chief underwriting officer, international property, XL.

US P&C insurers’ H1 COR hits 110.5%

Private US property and casualty insurers’ net income after taxes fell to $4.8bn in the first-half of 2011 from $16.8bn in first-half of 2010, a report from ISO and the Property Casualty Insurers Association of America says.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here