Company results

NIG grows 16.4% in H1 2021

Direct Line Group reported that its commercial division, including NIG, delivered an increased operating profit of £43.6m.

Sabre reports COR of 74.4%

Results for H1 show GWP drop as motor specialist prioritises profitability over volume, joins Saga panel and flags creation of temporary insurance product in H2.

Ardonagh's Q1 deal spend revealed

The consolidator has paid £111m in cash for deals including Marmalade, Hemsley Wynne Furlonge, AccuRisk, and Resilium as it also states it was paid £22.75m for Bennetts.

GRP spent £60m on 18 deals in 2020

Consolidator's financial results for the year ended 31 March 2020 show a pre-tax loss of £23.4m, but rising turnover and a 42% boost in operating profit.

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