Compare the Market owner BGL Group has seen underlying pre-tax profits soar by 16% in spite of its abandoned initial public offering.
A self proclaimed ‘little gem’, Sabre literally went public last year with a London Stock Exchange listing. Jonathan Swift caught up with the management team to get under the bonnet of the non-standard motor insurer
Sabre’s largest shareholders will sell their remaining £116.4m stake in the company, nine months after the company went public.
When Paul Geddes took over the role of CEO of Royal Bank of Scotland’s insurance business in July 2009, moving from the retail arm of the bank, and replacing Chris Sullivan, I cannot remember many getting too excited.
Insurance investment vehicle Primary Group has today been revealed as the backer for the new digital-enabled managing general agent to be launched by former AIG UK CEO Jacqueline McNamee in autumn this year.
Nexus Group has named Mike Sibthorpe as CEO of its insurance and reinsurance business as the business gears up for a potential sale in 2018.
Sabre Insurance’s valuation rose 9% to roughly £630m in the first hour of its London Stock Exchange debut this morning.
Exclusive: Compare the Market owner BGL spent £4.4m on compliance ahead of a planned stock market float that now will not happen.
BGL group has shelved plans for a stock market float for Compare the Market, after an overseas investor bought a 30% stake in the business.
Sabre Insurance has set out the share price range for its initial public offering next month.
Sabre’s plans for an initial public offering will allow the group to continue its existing broker-focused strategy, CEO Geoff Carter said.
Motor insurer Sabre has confirmed its plans for an initial public offering next month, bringing to a close months of speculation.
Exclusive: Motor insurer Sabre has recruited UK insurance veteran Patrick Snowball – a man who once sold the business - to its board as it gears up for its IPO.
The long-awaited initial public offering for online-only insurers Zhong An has launched.
Sabre has hired Barclays and Numis Securities to oversee a listing on the stock market that could be worth £500m, according to Sky News.
The Hong Kong Stock Exchange has halted, at least temporarily, the attempted listing of a Hong Kong corporate insurance broker.
Chinese internet only insurer Zhong An has filed for an IPO in Hong Kong according to reports.
Girija Kumar has been approved as chairman and managing director at state owned United India Insurance.
India could launch IPOs for up to five state owned insurers this year.
CEO, BGL Group
Esure CEO Stuart Vann will get £1.5m and CFO Darren Ogden will get £1m as a result of the Go Compare demerger, now confirmed for Thursday.
Hastings has seen gross written premiums up by 26% from the same period last year.
Go Compare could have a value of up to £425m once it lists independently on the stock exchange, analysts believe.