Insurance Brokers

Broker Update: Record Revenues for Lycetts, IT Investments & 26 Hires

Lycetts Holdings Ltd has shrugged off subdued economic growth and Brexit uncertainty to post record revenues thanks to “exceptional levels of client service” and a commitment to the “recruitment, training and development of staff”. The […]

News

AIG Europe Moves Back Into the Black Following Restructure

AIG Europe Limited (AEL), the European entity of American International Group, Inc. that restructured on December 1, 2018, reported a pretax profit of £59.5 million for the twelve months to November 30, 2018, up from […]

Global insurance trends

Insurance Financial Results; Munich Issues Profits Guidance

The latest news from Munich Re on their financial performance; Jörg Schneider, Chief Financial Officer: “This good Q3 result puts us on track to achieve our profit target for 2018 – despite a series of […]

News

Ecclesiastical Posts Healthy Results for First Half of 2018

After an exceptional performance in 2017, underpinned by strong performance of global equity markets, Ecclesiastical’s H1 performance was in line with expectations, with the company posting a profit before tax of £19.4m (H1 2017: £42.2m) […]

News

Zurich Posts Upbeat Half Yearly Results; Profits Up, Cost Savings Paying Off

Insurance giant Zurich has just posted its latest financials, with a healthy increase in operating profits and a round of cost savings also showing a good impact on the bottom line. There was a strong […]

News

AIG Europe Results Show Storm Damage Hit The Bottom Line

AIG Europe Limited (AEL) reported a 7% increase in Net Premiums Written for the year ended 30 November 2017, supported by underlying business growth as well as favourable currency movements. The high level of natural […]

Business

AXA Results Summary: Strong Performance on Commercial Lines

Insurance giant AXA posted financial results today and here is a quick highlights summary: Following the publication of the full year 2017 results for AXA Group (www.axa.com), AXA UK & Ireland announces another year of […]

Life/Health/Critical illness

Prudential Say New Business Life Profits Up by 17%

Prudential issued a statement to investors today that life insurance new business profit rose 17% in the first nine months of the year, reflecting higher sales and more favourable economic conditions. In a statement via the London […]