Broker/Company results
Marsh's Glaser hails 'excellent' 2016 results
Global broker Marsh finished off the year with a flourish to help produce solid revenue and strong profit growth for 2016.
Gallaghers & Co sees steep rise in broking profits for Q4
Arthur J Gallagher & Company's brokerage segment saw pre-tax profit rise to $123.9m (£98.82m) in Q4 2016, a 69% increase on the $73.3m earned over the same period last year.
ICO still looking to recover costs against dissolved spam text broker
The director of an insurance broker that was wound up just two days before it had to pay a £30,000 fine could be chased for the outstanding amount.
Broker fined £30,000 by ICO is wound up a month later
A broker that was fined £30,000 for sending thousands of spam text messages has been dissolved.
Towergate sees first quarter of growth following restructure
Towergate has seen its first quarter of growth since restructuring began last year, but underlying profitability for year to date is down.
This week: Elections, new woes and results
This week was an historic week for the world as it watched Americans choose their 45th president.
SSP posts £13m profit on back of ‘secure’ customer base
Software house SSP has made operating profits of £13m for 2015, and the company said its future growth prospects are “exciting”.
Gallagher continues to see strong growth into Q3 2016
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 reports steady growth over past nine months
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.
FCA data centre outage due to 'accidental discharge' of sprinkler
The outage of the Financial Conduct Authority’s online reporting platform was caused by the ‘accidental discharge’ of a sprinkler system.
This week: Patronuses, start-ups and blockchain
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.
R&Q ‘back in the black’ after turnaround in results
Randall and Quilter has announced a pre-tax profit of £1.2m for the first half of 2016, a turnaround from a £4.5m loss in the same period last year.
Bluefin posts £17m loss for last year
Bluefin has reported a post-tax and amortisation loss of £17m in its 2015 financial results.
Towergate records £16.7m EBITDA in first half; revenue falls 7%
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's profits and revenues climb in 2015/16
Steadfast, the Australian general insurance broker and broker network, had a solid year of growth in the financial year ending 30 June 2016.
Week in Post: Amazon Echo; pills that make you hard; CMC scourge and elderly drivers
This week Post reporter Rosie Quigley and I were given a tour around the Accenture Innovation Lab at Plantation Place in the City.
Brightside sees slump due to 'brutal' motor market
Personal lines broker Brightside has seen its pre-tax earnings drop by 24% amid what it described as a “brutal” private motor environment.
Willis Towers Watson report strong first half results following merger
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.
Positive Carole Nash results 'driven by customer focus', says CEO
Customer focus was key to Carole Nash’s strong annual results, CEO David Newman told Post.
Aon's broking division sees little change in total revenue for H1 2016
Aon’s broking division Risk Solutions saw total revenues for H1 2016 differ by only a quarter of a percent from the same period last year.
Can Zurich rebound from senior brain drain as Sharma and Martin join departee list?
Zurich was long regarded as consistency personified; a stable and calming force in an often turbulent insurance market. But in recent years, the Swiss giant has been hit hard by poor financial performance. To counter that, the company then introduced a…
Gallagher sees strong increase in net earnings
Arthur J. Gallagher’s broker business saw a 28% increase in their net earnings in H1 2016, from $140.9m (£106.7m) for the same period last year to $180.8m (£136.9m).
No further job losses planned, JLT promises staff
JLT will not be making further job cuts as a result of its restructure, deputy group CEO Mark Drummond Brady has told Post.
Towergate committed to ‘long game’ despite 50% drop in Q1 profits
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.