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Novae News (LSE:NVA)

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08/05/20154:33AMALNCNovae Group Profit Pulled Lower By Euro But Premiums Up
LONDON (Alliance News) - Specialist insurer Novae Group PLC on Wednesday said its pretax profit was dragged lower by the weak euro in the first half, as its gross written premiums increased and it hiked its dividend. Novae said its pretax profit for the six months to the end of June was GBP16.9 million, down from GBP21.3... More...>>
07/02/20156:17AMALNCIN THE KNOW: Ace's Move For Chubb Puts Insurance M&A In Focus
LONDON (Alliance News) - Zurich-based Ace Ltd's deal to buy New Jersey-based Chubb Corp for USD28.3 billion to create a property and casualty giant has analysts talking about their expectations for mergers and acquisitions in the insurance industry. In a note sent to clients after Ace's move for New York-listed competitor... More...>>
05/29/20156:33AMALNCDIRECTOR DEALINGS: Novae Group Underwriting Chief Sells Shares
LONDON (Alliance News) - Novae Group PLC on Friday said its Chief Underwriting Officer Robert Forster and his wife sold a total of 19,730 shares in the company at 730 pence per share on Wednesday. Forster sold 13,250 shares in the transaction, while his wife sold 6,480. Novae shares were down 0.5% to 743.00 pence on Friday... More...>>
05/13/20155:37AMALNCIN THE KNOW: Brokers Say Hold Novae As Outlook Looks Good
LONDON (Alliance News) - Brokers recommend holding on to Novae Group shares, with both Numis and Shore thinking the outlook for the Lloyd's of London insurer looks broadly positive. On Wednesday, Novae said its gross written premiums increased to GBP257.6 million in the quarter to the end of March, from GBP195.1 million... More...>>
05/13/20154:08AMALNCNovae Group Gross Written Premiums Higher In First Quarter
LONDON (Alliance News) - Lloyd's of London insurer Novae Group PLC on Wednesday said its gross written premiums increased in the first quarter, with good like-for-like growth and a solid contribution from its new underwriting teams. Novae said its gross written premium volumes in the quarter rose to GBP257.6 million, compared... More...>>
03/04/20159:01AMALNCIN THE KNOW: Quiet 2014 For Novae, But Underlying Result Good - Numis
LONDON (Alliance News) - Numis downgrades Novae Group to Hold from Buy following a good run for its shares, but says the specialist insurer's 2014 results were solid after a quiet year. Novae's pretax profit came in at GBP63 million, ahead of consensus estimates of GBP48 million, in part due to a GBP10 million gain from... More...>>
03/04/20154:04AMALNCNovae Group Profit Up On Higher Premiums, Dividend Pushed Higher
LONDON (Alliance News) - Specialist insurance company Novae Group PLC Wednesday said its pretax profit pushed higher in 2014 on the back of foreign exchange gains and higher gross written premiums, as it hiked its dividend and maintained its special payout. Novae said its pretax profit for the year was GBP62.6 million... More...>>
11/12/20145:00AMALNCNovae Warns Of Fall In Renewal Rates But Gross Premiums Rise
LONDON (Alliance News) - Specialist Lloyd's insurer, Novae Group PLC, Wednesday reported stronger investment returns and a 6% rise in gross written premium, but warned of downward pressure on policy renewals premium rates. In a statement, Novae said gross written premium increased to GBP515.1 million in the first nine... More...>>
10/16/201412:40PMALNCDIRECTOR DEALINGS: Novae Directors Reinvest Dividends In Shares
LONDON (Alliance News) - Novae Group PLC Thursday said Chief Executive Matthew Fosh was among directors who reinvested dividend payments in shares of the company. In a statement, Novae said Fosh acquired 185 shares, while Chief Financial Officer Charles Fry acquired 13 shares. Jeremy Adams, the chief executive of Novae... More...>>
09/15/20145:06AMALNCNovae To Launch Bermuda Business For Lloyd's Syndicate 2007
LONDON (Alliance News) - Lloyd's of London insurer Novae Group PLC Monday said it is set to launch a Bermuda-based business, subject to UK and Bermudan regulatory approvals, as a group reinsurer of and coverholder for Syndicate 2007 at the specialist insurance market. Novae said Philippe Chevereau would be the resident... More...>>
08/05/20146:00AMALNCNovae First Half Pretax Profit Creeps Up Despite Currency Hit
LONDON (Alliance News) - Novae Group PLC Tuesday said its first-half pretax profit crept up as a drop in revenue was more than offset by lower claims, but results were hurt by a swing to foreign exchange loss due to the strength of sterling. Novae increased its interim dividend by 0.6 pence to 6.6p per share. Shares were... More...>>
02/15/20135:15AMONENovae Group PLC launches first industry survey - 'Looking Forward'
body { font-family: Arial, Verdana, Helvetica; font-size: 13px;} table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;}15 February 2013 Novae Group PLC launches first industry survey - 'Looking Forward' Novae Group plc ("Novae") is pleased to announce the launch of its first... More...>>


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