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Ardonagh Results: Income Up 34%, £795m Liquidity

18 November 2022 alastair walker 0

The Ardonagh Group (‘Ardonagh’ or ‘Group’) announces its results for the nine months ended 30 September 2022. Income rose by 34% to £905 million ($1.2 billion) and Adjusted EBITDA by 20% to £286 million ($366 […]

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InsureTech

Willis Towers Research Shows UK M&A Activity Still Busy, Despite Covid-19

6 July 2020 alastair walker 0

The impact of the COVID-19 pandemic on dealmaking in the first six months of 2020 was significant but not unexpected, yet regional differences in deal performance and volume revealed by M&A data1 from Willis Towers […]

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Business

Latest Hannover Re Results Show Good Start to 2020

6 May 2020 alastair walker 0

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 […]

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InsureTech

Willis Towers Insurtech Investment Report Sees Slowdown Ahead

4 May 2020 alastair walker 0

Despite the clear impact of COVID-19 on InsurTech investment worldwide during Q1 (which saw almost the same amount of money raised in its first three days as was then subsequently raised in its final three […]

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News

AON Results 1st Quarter 2020 Are Good – Corona May Affect Future Dreams

1 May 2020 alastair walker 0

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 […]

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News

Markel Posts a $1bn Loss in First Quarter of 2020, After Corona Impact

29 April 2020 alastair walker 0

Markel Corporation reported first quarter results yesterday in the USA showing how quickly Coronavirus affected insurance companies, given that the pandemic didn’t really affect the USA, Europe and many other nations until mid-March. The insurance […]

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Insurance claims

Direct Line Post First Quarter 2018 Trading Statement

2 May 2018 alastair walker 0

Direct Line has released details of its trading for the first quarter of 2018. Motor premiums continue to make up the core business, with £404m generated in 2018’s opening three months, compared to £392.7 in […]

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