The profitability of European property and casualty (P&C) insurers will come under increasing pressure as interest rates are likely to stay low for longer than previously expected amid the slowdown in global growth, and with […]
The largest retailer of used cars in the USA recently posted some financial results, showng the impact of Covid-19; “We accomplished a lot this quarter, despite the challenges the pandemic posed,” said Bill Nash, president […]
Allianz has issued a trading update on the opening quarter of 2020. Here are some highlights for you; Allianz Commercial lines book grew by 7% in Q1, with a particularly strong performance in the Motor […]
RSA have issued a trading statement on the opening quarter of 2020, seeing a 55% drop in motor claims, but predicting a £25m payout on travel claims thanks to Covid-19. Much is still unknown of […]
Hannover Re boosted its result by 2.5% in the first quarter. Key drivers here were double-digit increases in earnings from life and health reinsurance as well as from the investment portfolio. “In the first quarter […]
The first quarter 2020 financial results from AON are in, and the company has done well, although they add a note to the press release saying that “2020 financial results are not necessarily indicative of […]
CPP Group Plc, the partner-focused, global product and services company specialising in the financial services and insurance markets, today reports increased operating and pre-tax profits in its 2019 full year results. The Group’s operating profit […]
The Ardonagh Group, the UK’s leading, diversified independent insurance broker, today announces its financial highlights for the twelve months to 31 December 2019. Income rose by 26.6% to £667.5m whilst operational integration and a focus on […]
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