Insurance-sector investor BP Marsh saw profits more than double to £10.2m in the six months to 31 July.
The Ardonagh Group can go “anywhere it wants” as it sets its sight on expansion into the US market, the company’s CEO has said
The Ardonagh Group posted adjusted Ebitda of £57.6m in the first six months of 2017, a 21.3% rise year-on-year.
Swinton reports a drop in pre-tax profit during 2016 financial year following 'strategic' transformation
Swinton has reported pre-tax profit of £11.5m in the financial year ending 31st December 2016, down from £15.9m in the same period last year.
LV has reported a strong growth in its general insurance operating profit which went up to £49m in the first half of 2017, compared to £22m in the same period last year.
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.
The Chartered Insurance Institute has seen a 12% dip in pre-tax profits from the previous year.
Go Compare is looking to invest in tech businesses after revealing strong H1 results.
Go Compare saw its profit before tax rise 1.7% in H1, to £39.6m from £34.5m for the same period last year.
AJ Gallagher posted a 6% rise in profit for its broking business in the first six months, compared to the same period last year.
JLT saw total revenue growth of 11% in H1 2017, up to £689.9m from £619.4m for the same period last year.
Broker Network saw revenue increase to £10.3m in 2016, up from £8.8m in the previous year.
Broker Constructaquote reported a 34% profit increase of £663k in 2016.
Acturis has said that winning broker clients from rival software houses accounted for a 20% spike in revenue over 2016.
Venture capital group BP Marsh is looking to make investments of around £5m into six different firms throughout 2017.
BP Marsh saw a 12% hike in profits in 2016, up to £9.8m from £8.7m in the previous year.
Tradex has borrowed £7m from its parent to maintain its solvency capital position in the wake of the Ogden discount rate change.
Covea has seen its pre-tax profits almost treble from £12.9m to £38.4m last year despite “headwinds” from the Ogden rate change.
Towergate is to cut expenses costs by £51m across the group by the first quarter of 2018, the firm said.
Towergate has delivered the third consecutive quarter of year-on-year growth as profit and revenue continue to climb in the first three months of 2017.
Towergate has seen 12% growth in underlying profit after a year of wrestling with "enormously complex legacy and infrastructure challenges".
In a snap decision just after Christmas I agreed it would be fun to attend a Moulin Rouge secret cinema perfomance, with little thought to the effort this would involve or the costume I'm currently having to source.
The County Group saw a 92% increase in pre-tax profits in 2016, up to £1.1m from £588,041 in the previous year.
Last year UK-headquartered international broker JLT grew revenues and profits in Asia and was buoyed by a good employee benefits performance in Australia and New Zealand.