Price/Earnings ratio meaning

On 15 December 2025, EY warned that insurers are likely to post losses in 2026, with profitability pressured by falling premiums and escalating claims expenses, as margins continue to be squeezed. Across most of the last 12 months, the industry has cut premiums, after near record consumer price levels led the government to open a formal inquiry. EY added that motor insurers recorded a net combined ratio of 97% in 2024. The combined ratio gauges underwriting performance: below 100% denotes profit, while anything above implies a loss for insurers...

This Practice Note maps the rules governing pay for directors of quoted companies, set against rising shareholder activism and greater media scrutiny of executive reward. It distils the statutory reporting regime on directors’ remuneration for quoted companies and highlights key provisions of the Companies Act 2006 (CA 2006), the UK Listing Rules (UKLR), the Financial Reporting Council’s (FRC) UK Corporate Governance Code (UKCG Code), together with best practice guidance on executive pay... Directors’ remuneration—law, regulation and best practice Legislation Under the CA 2006 and the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, SI 2008/410, directors of a quoted company must produce an annual remuneration report disclosing prescribed details of directors’ pay. For CA 2006 purposes, a quoted company is a UK company whose equity share capital: has been admitted to the Official List of the London Stock Exchange is officially listed in an EEA state, or is admitted to dealing on the New York Stock Exchange or NASDAQ...

This archived Practice Note summarised a wide range of corporate governance reforms announced or brought into force during 2017–2019, such as the Companies (Miscellaneous Reporting) Regulations 2018, the 2018 UK Corporate Governance Code, the Wates Corporate Governance Principles, the 2018 revisions made to the AIM Rules and to the QCA Code, the BEIS consultation on insolvency and corporate governance, and the Kingman review. It has not been refreshed since 2019. Background In November 2016, the government, acting through the Department for Business, Energy and Industrial Strategy (BEIS), published a Green Paper on corporate governance reform (Green Paper). The Green Paper sought views on areas where changes to the UK’s corporate governance framework were being considered: executive pay enhancing the voice of employees, customers and wider stakeholders extending elements of the corporate governance regime to large private companies The government invited comments and submissions on the Green Paper by 17 February 2017. Following the consultation, in August 2017 the government issued...

This Practice Note sets out the statutory, regulatory and corporate governance regime for directors’ remuneration reports (including the directors’ remuneration policy), together with related practical guidance. Law and regulation The Companies Act 2006 (CA 2006) and the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, SI 2008/410 (2008 Regulations) require the directors of a quoted company to produce, annually, a remuneration report disclosing specified particulars of directors’ remuneration. Under CA 2006, a quoted company is a UK company whose shares are either listed on the Official List of the London Stock Exchange, listed in an EEA state, or admitted to dealing on the New York Stock Exchange or NASDAQ. The AIM market, the AQSE Growth Market (formerly NEX Exchange Growth Market), and overseas companies are not within the directors’ remuneration reporting regulations...

[ insert name of company ] plc (Registered in [ insert country of incorporation ] with number [ insert company number ]) [ insert description of rights issue, eg Proposed [ insert offer ratio, eg 5 for 8 ] rights issue of [ insert total number new shares to be issued ] new ordinary shares of [ insert nominal value ] each at [ insert offer price ] per ordinary share ] This notice is issued, in accordance with section 562(3) of the Companies Act 2006, to every person whose name appears on the register at the close of business on [ insert date ] (the Rights Issue Record Date) as a holder of ordinary shares of [ insert nominal value ] each (the Ordinary Shares) in [ insert name of company ] plc (the Company) who does not have a registered address in the UK or an EEA State and has...