AIG Europe has reported a profit before tax of £59.5m for the 12 months to 30 November 2018, up from a loss of £431.5m the previous year.
The Financial Reporting Council has issued sanctions against KPMG and others in relation to its Equity Syndicate Management audit.
I was lucky enough to spend last week’s sunny bank holiday on the South Coast enjoying a well-earned rest. For others in the insurance industry it seems that the saying 'a change is as good as a rest' is proving true with some major people moves this…
Marsh & McLennan’s risk and insurance subsidiaries – Marsh and Guy Carpenter – brought in combined revenues of $2.42bn in the first quarter of 2019, a 3% increase on the same three months last year.
Hastings has reported a 4% rise in gross written premiums for the first three months of 2019.
Covéa Insurance saw its underwriting profit slashed to £1.8m in 2018 compared to £12.4m in 2017, as its personal lines business felt the impact of claims inflation and adverse weather.
Gift cards may not be very personal, but they are perfect when you are not sure what to get someone. However, if you are anything like me you put them away in a “safe” place and forget to use them in time.
Managing general agent Iprism's latest accounts show profits dived and tens of millions of pounds was wiped off the valuation of the company, following the demise of former unrated insurer partner Gable.
The Ardonagh Group sliced its losses by 149% in 2018, as CEO David Ross hailed ‘the end of three years limbering up’.
Co-op’s general insurance underwriting business, which is being sold to Markerstudy, made a trading loss in 2018.
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.