Articles by Martin Croucher
Live blog: Ogden discount rate reform
Follow reactions to the draft reform to the Ogden discount rate reform in our live blog.
Analysis: Going fishing: What is fuelling consolidation in the loss adjusting sector?
The loss adjusting space continues to shrink, with three major acquisitions of loss adjusting firms in the first two weeks of last month.
Industry welcomes draft reform on Ogden discount rate
Insurers have welcomed government plans to alter the way the discount rate is set in future.
PIB buys childcare broker Morton Michel
PIB has acquired Croydon-based specialist broker Morton Michel, its tenth deal in 16 months.
Finch continues acquisition spree with fifth deal this year
Finch has made its fifth acquisition since being bought by Broker Network.
Charles Taylor sees profits tumble in H1
Charles Taylor saw pre-tax profits fall by 41% as a result of losses following the acquisition of Cega by the group last year.
Tokio Marine picks Luxembourg for post-Brexit EU hub
Tokio Marine has become the latest insurer to base its post-Brexit European hub in Luxembourg.
Broker Apprentice: Apply to take part today
Are you the best new broker in the business? Submit your application by 11 September to be in with a chance of winning Broker Apprentice 2017.
R&Q profits up by 345% in H1
Randall & Quilter has seen a 345% increase in pre-tax profit in H1 over the same period last year.
Week in Post: Last of the summer wine
This week we’ve seen some major acquisitions in the summer lull between the tail-end of results season, and everyone heading off to their holidays in Spain.
Admiral CEO’s charity sells £4.57m shares following H1 results
Exclusive: A charity linked to Admiral CEO David Stevens has sold £4.57m in shares in the company.
Staysure buys travel broker Avanti
Broker Staysure has acquired rival travel insurance provider Avanti for an undisclosed amount.
BP Marsh: On the hunt for the next Besso
The last year has seen investment firm BP Marsh exit three of its largest investments; Besso, Trireme and the remaining portion of its stake in Hyperion. As a result of the sale, the company had a war chest of £29.9m and a deluge of enquiries from start…
Allianz reassures brokers over LV commercial book concerns
Exclusive: Allianz has sought to reassure brokers over concerns regarding renewals of the acquired LV commercial book.
ERS sees profits plummet 280% from Ogden hit
ERS has seen a 280% fall in profits as the company suffered a hit from Ogden.
Towergate Underwriting launches Scandinavian MGA
Towergate Underwriting has launched an international managing general agent for Scandinavia.
Deloitte partner Rakow fined £75,000 for misconduct
Deloitte partner James Rakow has been fined £75,000 for misconduct in relation to actuarial services provided to Equity Syndicate Management Limited.
Charles Taylor acquires Criterion for £13.1m
Charles Taylor has bought specialist loss adjuster Criterion Adjusters for up to £13.1m.
Ageas faces further Ogden hit of up to €15m in second half
Ageas will see a further hit of up to €15m (£13.5m) in the second half of the year from the Ogden rate change.
L&G sees GI profit drop of 48% from escape of water claims
Legal & General saw a 48% drop in profits for its general insurance unit due to higher than expected costs from escape of water claims.
Hastings vows further data investment as profit rises by 22.1%
Hastings has seen a 22.1% increase in H1 adjusted operating profit, as the company vowed to continue investment in its data-driven model.
Ageas UK sees profits fall after €31m Ogden hit and declining motor COR
Ageas UK continued to be hammered by the impact of the Ogden rate changes, with profits falling 73% in its H1 result.
CII sees profit dip due to change programme
The Chartered Insurance Institute has seen a 12% dip in pre-tax profits from the previous year.
CII could raise £19m from sale of Insurance Hall
The Chartered Insurance Institute could potentially raise £19m from the sale of its historic Aldermanbury building.