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Charles Taylor eyes potential $6.1 trillion insurance market after solid 2016

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London-headquartered global insurance services firm Charles Taylor is confident of global expansion after posting solid 2016 results.

Revenue climbed 18.1% to £169.3m (2015: £143.4m) with adjusted profit before tax increasing 4% to £14.8m (2015: £143.4m); however statutory profit declined 16.3% to £10.7m.

During the year the group

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Tesco Law and the insurer legal services revolution that never was

Content Director's View: More than a decade ago many insurers could not wait to seize the opportunities afforded by a change in the law that allowed them to set up their own legal services arms. Jonathan Swift reflects on what happened next - and the prospect of a one-stop-shop claims provider in the future.

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