Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.
Jonathan Swift asks whether RSA promoting Scott Egan is a sign of the insurance industry's lack of appeal to external candidates; a sign of lack of big name insurance draws in the market; an indication of its risk aversion; or a combination of any of the…
Aon saw revenue increase by 8% in 2018, while its net income dropped by 7%.
Gallagher saw total revenue growth of 10.8% in 2018 across brokerage and risk management, with 5.8% of this coming from organic growth.
Marsh parent Marsh & McLennan saw underlying revenue grow 5% in its 2017/18 year.
Romero Group posted an adjusted Ebitda of £3.67m in its year-end results to 30 April 2018, a 30% rise on 2017’s £2.82m figure.
Bupa Dental Care has acquired nine dental practices across the UK and the Republic of Ireland, taking its tally of new acquisitions in the last year to 23.
Hyperion will look to build on its retail business this year, but CEO David Howden said the firm will never chase premium through acquisitions.
Software house SSP expects to have finalised its restructuring consultation before Christmas.
Broking group GRP made a loss of £20m for the financial year ended 31 March 2018, in a year that saw it acquire fifteen businesses.
The Ardonagh Group cut down on its losses for the first nine months of the year, down to £48.9m compared to £92.7m in 2017.
Broker Sure Thing has grown its policy count by 12.8%, while making an operating loss of £1.9m in its fourth year of trading.
The spectre of Brexit loomed large over the insurance sector this year, and although the picture is still no clearer in terms of how the UK market will continue to trade with Europe after 29 March 2019, significant merger & acquisition activity was among…
A consultation on pushing back IFRS 17 is expected, after the International Accounting Standards Board voted to postpone the implementation of the global accounting standards to 2022.
The transfer of business between LV and Allianz will be complete by this time next year, the Allianz CEO said.
Hastings has seen shares fall as it warned of a “competitive” market with rising claims inflation.
AM Best’s ranking of Asia-Pacific non-life insurers remains dominated by the same companies as last year, writes director of analytics Chi-Yeung Lok, noting the market characteristics of mature and emerging markets stay as disparate as ever
Insurance associations from around the world are asking for a two-year delay in the implementation of the International Financial Reporting Standard 17 for insurance contracts.
The total premium either written or controlled by the London company market has risen to £26.31bn – a 16% increase – according to the International Underwriting Authority's new statistics report.
Following yesterday's announcement by Aviva that Mark Wilson is to step down as group CEO of Aviva, Jonathan Swift reflects on why the move was not such the "shock" some painted it as.
Compare the Market owner BGL Group has seen underlying pre-tax profits soar by 16% in spite of its abandoned initial public offering.
Brightside saw pre-tax losses of £10.2m last year, but incoming CEO Brendan McCafferty said there is “no need to alter strategy”.
Independent Scottish broker Bruce Stevenson has bought Turiff-based Youngson Insurance Consultants.
In 2017, the combined underwriting results of the largest 100 UK non-life insurers improved but remained in the red. How well did insurers perform under pressure from strong competition and unfavourable claims trends?