Broking, agencies drive AUB first-half earnings
AUB Group has raised its 2023-24 earnings guidance after a strong first half, supported by its core broking and agencies businesses.
AUB Group Limited (ASX: AUB) is an ASX200 listed group of retail & wholesale insurance brokers and underwriting agencies operating in ~570 locations globally. Over 5,000 team members work with ~950,000 clients to place ~AUD 9.5bn in insurance premiums with local and foreign insurers.
Since our inception in 1985, we committed ourselves to safeguard a stronger future for clients, partners, employees and shareholders – and we stand by that commitment today. Whether we are providing products, services and solutions that help protect them from harm, damage and financial burden, our partners and advisors provide trusted support and guidance to clients on the optimal combination of physical, people and financial risk solutions.
The driving philosophy behind our success is an equity based business model where the owners remain directly responsible for the day to day operations. At the same time, each business actively leverages the advantages of our scale, infrastructure, and operational know how. Together, we are actively building extraordinary businesses.
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AUB Group has raised its 2023-24 earnings guidance after a strong first half, supported by its core broking and agencies businesses.
AUB Group plans to appoint leaders to three new key positions in a reorganisation of its operating model following the landmark Tysers acquisition.
AUB Group, the Australasian network of insurance brokerages and underwriting agencies, has released its FY23 results.
AUB Group earnings have surged with the Tysers acquisition performing above expectations and increased revenues and margin expansion reported across existing broking and agencies divisions.
AUB Group Limited has published its financial results for the half year ended December 31, 2022 (1H23), a period in which “all parts” of the company contributed strongly.
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