Mergers & acquisitions (M&A)
R&Q profits hit $3.6m
Randall & Quilter's income rose 52% to £16.1m in the first six months of the year, up from £10.6m in the first half of 2009. The company's profit before tax was £5.8m (2009: £1.2m) and basic earnings for each share are 6.9p (H1 2009: 1.7p). The insurance…
Cigna swoops for Vanbreda International
Global health service company Cigna has acquired Vanbreda International, based in Antwerp, Belgium.
Cigna swoops for Vanbreda International
Global health service company Cigna has acquired Vanbreda International, based in Antwerp, Belgium.
Buffett again linked with RBS Insurance business as bank begins adviser search
Warren Buffett has again beeen linked with the Royal Bank of Scotland's Insurance business according to reports in the weekend newspapers.
Post in print - 26 August 2010
Post senior reporter Leigh Jackson outlines the main news from this week's issue of Post.
Postscript - 10 years ago: Axa merger unveiled
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, this highlight from 10 years ago reveals.
Rival insurers support Aviva composite stance
A host of fellow composites have backed Aviva in its war of words with RSA over whether the model's days are indeed numbered.
Chilean earthquake impacts Amlin profits
Amlin has reported a fall in profits of more than £70m after suffering large losses due to the Chilean earthquake.
Meehan throws hat in ring for senior Axa commercial role
Axa Insurance customer experience director Paul Meehan has expressed interest in filling the senior management vacancy in the company's commercial division.
Axa CEO Maso insists it has no plans to sell broking arm Bluefin
Axa has insisted that it has no intention of selling its Bluefin Insurance Group and remains fully committed to the distribution market.
Capita swoops with £30m acquisition of specialist insurance provider
The Capita Group announced today that it has acquired the National Dental Plan group of companies for a cash consideration of £30m on a cash-free, debt-free basis.
Admiral rules out RBSI bid due to price and likely OFT challenge
Motor insurance group Admiral has ruled itself out of any bidding war for the Royal Bank of Scotland Insurance businesses including Direct Line and Churchill.
Amlin H1 GWP hits £1.5bn, bolstered by 2009 acqusiition
Amlin has reported a profit before tax of £107.6m (H1 2009: £177.1m) for the first six months of 2010 on gross written premium of £1.5bn (H1 2009: £950.1m).
L&G speculation triggers share price
Shares in Legal & General have risen to a 12-month high following speculation that Zurich is eying it as a potential takeover target.
L&G speculation triggers share price
Shares in Legal & General have risen to a 12-month high following speculation that Zurich is eying it as a potential takeover target.
Post in print - 19 August 2010
Post senior reporter Dan Dunkley outlines the main news from this week's issue of Post.
Interview - Stewart McCulloch: Sticking to his knitting
The new CEO of Garwyn talks to Mairi MacDonald about getting the loss adjuster back on track by sticking to its core strengths while expanding its regional focus.
Kerry London secures £1m acquisition funding
Kerry London chief executive Damian Kissane has claimed the group is close to concluding a new bank facility that will enable it to make an acquisition.
Acromas claims anti-PE bias amid reported loss
Acromas Holdings, the parent group of insurance providers AA and Saga, has claimed "scaremongering" against private equity houses has seen the ongoing performance of the business masked by a £529m overall loss, caused by interest repayments.
First RSA, now Axa is linked with Aviva swoop
Aviva's share price has continued to rise today despite its rejection of RSA's £5bn bid amid speculation that others may be interested.
RSA still "open" to Aviva talks claiming its £5bn offer is "fair value"
RSA has said it "remains open to discussions" with Aviva, despite the group's rebuttal of its £5bn offer.
NMJ Insurance Brokers strikes again
NMJ Insurance Brokers has announced its second acquisition following the purchase of Ridge Insurance in January 2010.
RSA shareholders want to hear "convincing arguement" for Aviva GI swoop
RSA is widely reported to have lined up BNP Paribas, Deutsche Bank and HSBC to underwrite a £5bn rights issue to fund its proposed takeover of Aviva's UK, Irish and Canadian general insurance businesses.
Aviva shareholders annoyed by RSA rebuttal as "everything" has a price
Both Standard Life and Royal London Asset Management are reported to be annoyed that Aviva's management rejected RSA's £5bn offer for the business without consulting shareholders.