profits

Hastings Profit Drop Highlights Car & Motorbike Insurance Transformation

28 February 2020 // 0 Comments

Disclaimer: Your IE editor was once a happy Hastings customer, with a Triumph motorcycle covered at a fair price, via a call centre chat once a year. That was over a decade [...]

Allianz Looks Back on 2019: GWP Up 9%, LV= Takeover & More

24 February 2020 // 0 Comments

2019 was a historic year for Allianz with the completion of the purchase of the general insurance businesses of LV= and Legal and General. This positions Allianz Holdings as [...]

Start-Ups: Luko Raises E20m As It Seeks To Streamline Home Insurance

20 November 2019 // 0 Comments

Luko, the Paris-based home insurance startup, announced today that it has raised a €20 million Series A led by the VC firm Accel, with participation from Founders Fund and [...]

Minster Law Results: Profits Rise 5% as More Admin Becomes Automated

7 November 2019 // 0 Comments

Minster Law has reported a £1.9m profit for 2018 (2017: -£2.6M) on turnover of £35.1m (2017: £36.0m) in its annual report and accounts. CEO Shirley Woolham said the [...]

Opinion: Will GDPR Will Make Life Easier For Insurance Fraudsters?

12 August 2019 // 0 Comments

The latest from the Editor’s keyboard, on the law of unintended consequences after the introduction of GDPR. The recent announcement by the Irish government that a [...]

Insurance Business: Latest Allianz Results & Update on LV= Transfer

5 August 2019 // 0 Comments

The second quarter of 2019 saw the announcement of Allianz’s proposed acquisition of both Legal & General Insurance and the remaining 51% of LV= General Insurance [...]

Abu Dhabi’s Luxinva Buys 30% Stake in D&G Warranty Insurer

11 July 2019 // 0 Comments

The latest news from D&G, one of the big names in domestic appliance repair & servicing plans in the UK market. Domestic & General (“D&G”), the leading [...]

Motor Insurance Sector Doing OK, Challenges Ahead, Says Ernst & Young

13 June 2019 // 0 Comments

The UK motor insurance market has reported impressive underwriting profits for the second consecutive year, according to EY’s Annual UK Motor Insurance Results. The Net [...]