Esure share price drops as profit hits the brakes Shares in Esure tumbled by 9.6 per cent yesterday after it published interim results showing a 21.3 per cent fall in underlying profits before tax. Profits in Esure’s motor insurance arm fell to £3.3m, 80.7 per cent down on the previous year’s half-year figure of £17.1m. The online insurance firm, which owns Sheilas’ Wheels and [...]
Esure share price drops as insurance firm ups stake in GoCompare to 100pc Insurance firm Esure Group has bought the remaining 50 per cent of GoCompare.com, having purchased the other half of the price comparison website in 2007, one year after its launch. Esure paid £95m to bring its holding up to 100 per cent and Jon Morrell, currently the firm’s deputy chief operating officer, is to [...]
Esure board will see duo depart in May next year INSURANCE firm Esure group revealed the departures of Dame Helen Alexander and Anthony Hobson yesterday, both of whom will step down from the company’s board after its general meeting in May 2015. Alexander – the first female president of the Confederation of British Industry – will stand down after three years as deputy chairman and [...]
Esure share price down as premiums drop 7.4pc on back of cheaper car insurance November 5, 2014 Shares in Esure yesterday slumped 7.3 per cent after the firm reported that its cuts to car insurance prices had fuelled a 7.4 per cent drop in premiums over the past three months. Esure is behind Sheilas’ Wheels and price comparison site GoCompare.com. It said that while it was writing broadly the same number of [...]
Premiums down but profit up at Esure, as Sheila’s Wheels roll on August 4, 2014 Insurer Esure, which runs the insurance firm for women Sheila’s Wheels, announced increased pretax profits for the first half of 2014, despite a fall in premiums written. Pre-tax profit grew 0.4 per cent to £57.1m the group announced, despite falling premiums which were down 1.9 per cent to £260.4m over the period. Speaking about the [...]
Esure sees profits rise in first year as listed company March 11, 2014 Insurance group Esure has ended its first year as a listed company by reporting a rise in profit before tax of 2.5 per cent to £118m, for the year ended 31 December 2013. The company's final dividend was 13.3 pence per share. The full year dividend reached 15.8 pence per share. Esure saw a return [...]