Towergate has seen its first quarter of growth since restructuring began last year, but underlying profitability for year to date is down.
This week was an historic week for the world as it watched Americans choose their 45th president.
Software house SSP has made operating profits of £13m for 2015, and the company said its future growth prospects are “exciting”.
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.
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.
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.
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, the Australian general insurance broker and broker network, had a solid year of growth in the financial year ending 30 June 2016.
This week Post reporter Rosie Quigley and I were given a tour around the Accenture Innovation Lab at Plantation Place in the City.
Willis Towers Watson group has seen a 9.5% increase in total revenues for the first half of 2016, with $4.2bn (£3.24bn) total revenues earned, up from $3.8bn (£2.93bn) from the same period last year.
Customer focus was key to Carole Nash’s strong annual results, CEO David Newman told Post.
Towergate said recent investments will not be reflected until the end of the year as it posted an almost 50% drop in profit in its Q1 results.
Allianz has reported an 89.9% combined ratio in commercial for Q1 2016 but despite improvements, its personal lines COR remains over 100 at 101.2% (FY 2015: 106%).
Lark Group has strengthened its position in the marine sector with the acquisition of Euromarine Insurance Services, a specialist marine insurance intermediary and underwriting agent.
Revenue in insurance services at the AA fell to £131m (2015: £142m) with an increase in customer churn due to higher motor premiums the cause, according to the company’s results for the year ended 31 January 2016.
Towergate has agreed to sell a majority interest in Broker Network to its backer Highbridge for £46m, while reporting what CEO David Ross called a 'robust' income of £353m.
BGL Group's legal services business recorded a £35m loss in the financial year ended 30 June 2015 as group profit before tax fell to £70.4m (2014: £82.7m).
A speculated insurance premium tax hike in the 16 March Budget would not disadvantage Hastings Insurance Group due to the company’s high market share from comparison websites, according to its chief financial officer, but customers would be worse off.
Global broker Jardine Lloyd Thompson's pre-tax profit fell 7% to £170.1m in 2015 compared with the 2014 fiscal period.
Australian broker network and underwriting agency Steadfast saw after tax profits climb 81% in the first half of fiscal year 2016 to A$37.9m (£19.4m).
Zurich and Markel latest firms to file. Find all the unedited 2015 full year results in one place.
Aon has today reported its international broking arm – which includes the UK – saw revenue fall 10% to $2.76bn (2014: $3.05bn) in 2015. A figure that jumps to 12% less currency impact.
The news that Maurice Tulloch is to step down from his post as CEO of Aviva’s UK general insurance business should not have come as much surprise.
Aston Scott Group has reported a 6.4% increase in its fee and commission income for the year ended 30 June 2015 to £17.8m (2014: £16.7m).