LV will take a cautious approach to the home market following the acquisition of Allianz’s personal lines portfolio.
Well-publicised gains in Charles Taylor’s loss adjusting and insurtech arms saw revenues jump 25% in 2017 but failed to push the insurance services provider to profit.
JLT is open to targeting bolt-on acquisitions in Europe following the group’s strong 2017 results.
I have never bought insurance from a high-street broker. In fact, I know very few people my age who have.
Ageas will continue to restructure its business even as the company is set to return to an underwriting profit for the remainder of the year.
Since packing up his life in London and flying half way across the world to Australia, Mark Searles, CEO of AUB Group, has transformed a broker into the leading equity-based broking, risk management, advice and solutions provider in Australasia.
This week the results season well and truly got underway with big names in the UK’s insurance sector reporting back to market on how they fared over 2017.
AA Insurance Services expects to deliver Ebitda of between £390m and £395m for the financial year ended 31 January, the company said in a market update.
Marsh and McLennan Companies has reported a 6% boost in full year revenue.
Aston Scott Group saw a 40% increase in pre-tax profit to £1.9m to the year ending 30 June 2017.
Leeds-based Romero Group saw adjusted Ebitda increase 14% to £2.7m in the year to 30 April 2017.
International broking giant Arthur J Gallagher will continue to acquire in 2018.
Hyperion Group is entering 2018 with a $300m (£223m) war chest to play with, the group’s chief financial officer has said.
Hyperion Group posted a 20% jump in revenue for the year ended 30 September 2017.
UK General made an operating loss of £714,879 for the year ending 31 March 2017, compared to a profit of £8.7m in the previous year.
Cobra has seen Ebitda rise 33% to £1.44m from £1.08m.
Specialist insurance consolidator Global Risk Partners has seen gross written premiums rise £150m over the course of 2017.
Motorcycle broker Carole Nash was a longstanding acquisition target for Ardonagh, the group's CEO said
The Ardonagh Group posted adjusted Ebitda of £ 79.1m in the first nine months of 2017, a 19.7% rise year-on-year.
Pre-tax profit at global broker Aon fell from $309m (£235m) in the third quarter of 2016 to $200m in Q3 2017.
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.