LV’s general insurance business saw a pre-tax profit of £164m in 2017, up from a loss of £30m the previous year.
Aviva CEO Mark Wilson has seen total earnings fall despite the company returning to profit this year, continuing a trend of ongoing executive pay cuts.
RSA CEO Stephen Hester took home a £5m package from the business last year, despite the firm suffering losses last year in the UK.
This week I attended my first Maths Jam, a gathering of self-confessed maths enthusiasts who get together in a pub and share stuff they like.
Sabre made an underwriting profit of £59m in 2017, with a combined ratio of 68.5%.
Munich Re is to axe 900 jobs as part of cost saving efforts in its reinsurance business.
Well-publicised gains in Charles Taylor’s loss adjusting and insurtech arms saw revenues jump 25% in 2017 but failed to push the insurance services provider to profit.
Exclusive: Aviva has a £600m war chest for bolt-on acquisitions, but the money would only be spent on firms which add “significant value” to the group.
Aviva has shaken off the impact of Ogden to see a 4% growth in UK general insurance profit last year.
Esure has been able to grow its motor book substantially over the past three years as a result of a more relaxed risk appetite.
Esure has reported a pre-tax profit of £98.6m for the year ending 31 December 2017.
Hastings is confident it will reach three million customers during 2019 following strong 2017 results.
JLT is open to targeting bolt-on acquisitions in Europe following the group’s strong 2017 results.
Direct Line has signed a deal with Volkswagen to provide insurance cover to its brands at a time when the motor market is going through “unprecedented change”, the insures CEO has said.
QBE Europe’s 2017 combined operating ratio deteriorated to 99.6% as a result of a £109m impact from the Ogden discount rate.
Exclusive: Hiscox is looking to grow its retail arm between 5% and 15% over 2018 Hiscox is looking to grow its retail arm between 5% and 15% in 2018 as the group's profits slumped by over £300m due to natural catastrophe losses .
I have never bought insurance from a high-street broker. In fact, I know very few people my age who have.
Money Supermarket posted an increase in full-year profit bolstered by as revenue growth and a strong insurance segment.
RSA UK saw its combined operating ratio for commercial operations deteriorate to 108.1% over the course of 2017.
Axa UK and Ireland has seen its earnings fall by 7% as a result of a “volatile environment”.
Ageas will continue to restructure its business even as the company is set to return to an underwriting profit for the remainder of the year.
Ageas UK has seen a return to profit after a year of being hammered by the residual impact of the Ogden rate change.
Since packing up his life in London and flying half way across the world to Australia, Mark Searles, CEO of AUB Group, has transformed a broker into the leading equity-based broking, risk management, advice and solutions provider in Australasia.
Allianz UK CEO Jon Dye has declined to comment on recent speculation that the group is looking to acquire XL.