Beazley: Shares hit all-time high after insurer doubles profit and improves guidance August 8, 2024 Shares in Beazley have hit an all-time high after the Lloyd's of London insurer more than doubled its profit in the first half of 2024 and improved its outlook for a key measure of full-year profitability.
Legal & General beats profit estimate and raises dividend amid strategic overhaul August 7, 2024 Legal & General (L&G) has raised its dividend as its profit for the first half of 2024 exceeded expectations, after its new chief promised a "simpler" future.
Hiscox: Lloyd’s of London insurer reports ‘robust growth’ despite a more ‘active loss environment’ August 7, 2024 Hiscox, the Lloyd’s of London insurer, has reported another set of strong results as the company has continued to benefit from a hard insurance market. In its interim results for the six months to 30th June, the company recorded 3.3 per cent growth in insurance contract written premium (ICWP). The figure rose $89.6m (£70.5m) to [...]
Axa reports over £50bn in revenue amid talks to sell asset management unit for whopping fee August 2, 2024 French insurer Axa reported £50.8bn in revenue as firm enters talks with BNP Paribas to sell asset management unit for £4.3bn.
Royal London profits surge double digits as pensions grow August 2, 2024 Royal London's operating profit before tax increased by 13 per cent for H1 2024, as the insurer credits its focus on long-term strategy to have increased its profits.
Bupa profits shoot up 45 per cent due to growth in health insurance August 1, 2024 Bupa's total underlying profit for the first six months of H1 shot up by 45 per cent which was driven by the strong increase in revenues and returns across all its market unit.
Lawyers face problems with nearly 40 per cent of insurers considering pulling out of PII market July 23, 2024 Law firms may face severe problems with the renewal of their PII going forward as nearly 40 per cent of insurers have been considering pulling out
Aventum Group: Insurance giant founded by future F1 star Oliver Bearman’s dad sticks to the slow lane to become ‘the best’ July 18, 2024 Aventum Group, the insurance giant founded by the father of future F1 star Oliver Bearman, has almost doubled its revenue and profits, it has been revealed.
Russian oil: UK and European states set to launch plan to target ‘shadow fleets’ July 16, 2024 Prime Minister Keir Starmer is set to launch a "call to action" to the private sector - including insurers - over the use of shadow fleets carrying Russian oil
Direct Line is now on price comparison sites – what does this signify? July 11, 2024 Direct Line was one of the last big insurers to resist the lure of price comparison websites. Until now.