Broker/Company results
Go Compare to invest in new businesses following strong results
Go Compare is looking to invest in tech businesses after revealing strong H1 results.
Go Compare sees profit rise in H1
Go Compare saw its profit before tax rise 1.7% in H1, to £39.6m from £34.5m for the same period last year.
Gallagher posts 6% rise in H1 broking profit
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's profits jump 80% as business grows across all territories
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 rise over 2016
Broker Network saw revenue increase to £10.3m in 2016, up from £8.8m in the previous year.
Constructaquote sees 34% profit increase in 2016
Broker Constructaquote reported a 34% profit increase of £663k in 2016.
Broker influx sees Acturis's revenue jump 20%
Acturis has said that winning broker clients from rival software houses accounted for a 20% spike in revenue over 2016.
BP Marsh poised to make further investments in 2017
Venture capital group BP Marsh is looking to make investments of around £5m into six different firms throughout 2017.
BP Marsh saw 12% hike in profits in 2016
BP Marsh saw a 12% hike in profits in 2016, up to £9.8m from £8.7m in the previous year.
Tradex borrows £7m to meet Solvency II requirements after Ogden rate hit
Tradex has borrowed £7m from its parent to maintain its solvency capital position in the wake of the Ogden discount rate change.
Covea sees profits treble following Sterling integration
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 to cut costs by £51m by 2018
Towergate is to cut expenses costs by £51m across the group by the first quarter of 2018, the firm said.
Towergate posts profit and revenue growth in first quarter
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's Ebitda climbs 12% on back of restructure
Towergate has seen 12% growth in underlying profit after a year of wrestling with "enormously complex legacy and infrastructure challenges".
This week in Post: Snap decisions, Can-can and costs
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.
County Group saw 92% profit rise in 2016
The County Group saw a 92% increase in pre-tax profits in 2016, up to £1.1m from £588,041 in the previous year.
JLT posts robust Asia-Pacific 2016 results
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.
JLT profits fall in 'challenging' trading environment
JLT has decried a “challenging” trading environment as it posts a 13% drop in pre-tax profits.
Steadfast's EBITA climbs 11% to A$66.7m
Australian broker group Steadfast saw another six months of strong growth in the first half of the 2017 financial year.
Ageas to lift Rias age restrictions to channel business from closed brands
Ageas will lift the age limit on its Rias brand in order to channel business from its closed brands, CEO Andy Watson told Post.
Ageas results dampened by restructuring costs and discount rate review
Ageas UK made a €56m (£47.5m) loss in 2016, in sharp contrast to the €30m profit made in 2015.
Willis Towers Watson reveals 50% profit drop
Global insurance broker and advisory firm Willis Towers Watson has published a 50% decline in net income for the financial year ending 31st December 2016.
Aon revenue falls 2% in 2016
Global broker Aon reported a 2% drop in revenue in its overall 2016 full year results.
Principal Insurance reports profits surge
Manchester-based Principal Insurance has reported full-year pre-tax profits of £327,109.