financial news

Slater & Gordon claims commanding UK market share

Slater & Gordon has ‘a commanding market share lead’ in the UK, its managing director claimed today as the Australian-listed law firm announced a 27% in annual revenues to £243m. […]

Hastings post half year results

Hastings has posted an increase in GWP which hit £282.7m for the first half of 2015 (H1 2014: £227.2m). COR for the business also marginally improved moving from 90.4% to […]

Tantalum open to Quindell takeover

Tantalum, a company owned by City financier Edi Truell, still wants to buy Quindell even though the Serious Fraud Office has launched a criminal investigation into the scandal-hit firm. Chief […]

RSA exit personal lines motor market

Insurance provider RSA, has confirmed it is to withdraw fully from the personal lines broker motor market, ceasing to write new and renewal business from 1 November 2015. The move […]

Esure premiums set to rise

Online insurance firm Esure has said its premiums are set to rise after an increase in small injury claims. Shares in the firm fell more than 9% after half-year underlying pre-tax profits […]

Aviva 2015 Interim results announced

Insurance provider Aviva PLC, today announced its half year results for 2015. HY15 numbers include Friends Life from 10 April 2015, the acquisition completion date. HY14 is Aviva standalone. Profit […]

Axa profits up 2.3%

Axa’s first-half profit rose 2.3 per cent, helped by higher life-insurance earnings in the U.S. and France. In a statement released by France’s largest insurer, profits climbed to 3.08 billion […]

FTSE boosted by potential RSA takeover

Zurich Insurance has said it is considering a bid for RSA Insurance, the owner of the More Than brand. The Swiss firm said, ‘Zurich notes the recent market speculation in […]

AA enter partnership with BOI

The Automobile Association and the Bank of Ireland and have announced a new 10-year minimum financial partnership in the UK, which will offer AA members financial services ranging from credit cards, unsecured […]

Ferrari to float on stock exchange

Italian supercar creator Ferrari is expected to float on the stock market at the end of the year. It will have a value of ‘at least’ €10bn (£7.1bn) when it is […]