Motor-heavy Esure faced a “disappointing” year that saw claims costs mount and its solvency coverage ratio dip.
Sabre Insurance group posted a profit before tax of £61.9m for the year ended 31 December 2018, from £53.3m in 2017.
Lloyd’s of London was slammed with another vast loss in 2018, following on from its £2bn loss in 2017.
The more things change, the more they stay the same. So runs a French expression that feels apt in a week that saw Brexit delayed, leaving us all wondering whether we will be able to talk about anything else ever again.
NFU Mutual has reported a financial loss of £290m in 2018, compared to a profit of £540m the year before.
LV has seen general insurance operating profit fall 10% in 2018 due to an "adverse claims experience".
Charles Taylor saw a statutory pre-tax loss of £3.3m last year even as the group saw a strong underlying performance.
I’m a fan of making sure stuff is the right fit - I make a point of trying on new outfits in my own home with accessories and shoes to make sure it all works for me. I also test drove my new car a few times to check it was what I wanted. Aon, however,…
Aviva’s UK business is anticipating pricing increases in 2019 as a result of non-weather claims inflation.
Admiral has seen profit grow on the back of claims releases ahead of an anticipated change in the Ogden rate.
Aviva has posted a modest profit growth for last year, even as it warned of a "muted" year ahead for the business.
US-based insurtech Lemonade has cut its underwriting losses and grown premiums.
Direct Line saw operating profit drop, despite reserve releases ahead of an anticipated Ogden rate revision.
This week, the sunshine we were blessed with last week was replaced by a more winter-appropriate grey sky and rain.
Specialist motor insurer ERS has reported a profit of £11.1m for 2018, following a loss of £12.2m in 2017.
Go Compare is expecting differential pricing to grow more pronounced this year, potentially buoying the company’s flagging motor comparison business.
RSA UK & International have announced a second consecutive year of UK losses, recording an unprofitable combined operating ratio of 101.4%.
Hastings saw profit after tax of £130.6m in 2018, an increase of 3% from £126.7m in 2017.
Go Compare saw revenue from its price comparison business fall by £4.8m as a result of “lower customer switching activity”.
QBE Europe has seen its profit dip slightly even as it grew premium.
Hiscox reported a 250% rise in its 2018 profit, following its move to exit from unprofitable areas in the London market business.
UK General saw a 55% profit growth after exiting a number of unprofitable product lines.
Axa UK and Ireland saw a combined operating ratio of 98.4% for its property and casualty business, an improvement on the 99.1% in the previous year.
Any “predictable impact” from Brexit on market premiums will probably result from claims inflation, Ageas UK CEO Andy Watson has warned.