All Archive articles – Page 586
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Rapidinsure.co.uk on the up
Rapidinsure.co.uk, the online insurance broker owned by financial services group Berkeley Morgan, reduced its losses in 2003The division recorded income of £952,395 for the six months to 31 Octob ...
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FSA roadshow dates and venues
The FSA will be running a series of workshops at venues around the country to help brokers prepare for the start of general insurance regulation. These include:Training & Competence: A New Era ...
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MBNA stalks Premium Credit
MBNA, the US credit card company, is the front runner to buy Premium Credit for around £200m, according to reports Premium Credit was put up for sale in September by Electra Partners Europe, the p ...
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New chairman for insurance events specialist
Conferences, events, exhibitions and hospitality insurance specialist Insurex Expo-Sure has appointed Albert Kemp as executive chairmanKemp, who was previously managing director, will be replaced ...
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Rewards for investors who take risks on bonds
Insurers looking for profits on their investment portfolios will be rewarded for taking risks in 2004, it was forecast.Growing global economic recovery and rising corporate profits are major point ...
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New Bill a boost to business continuity planning
The Civil Contingencies Bill has redefined the extent to which UK organisations are expected to plan for an emergency, according to Marsh.The UK leader of Marsh's risk consulting practice, Alan Wi ...
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Lloyd's moves away from QQS to permanent capital
Lloyd's is shifting its focus away from qualifying quota share (QQS) to permanent capital.Chief executive of investment bank Noble Group Ben Thomson said: ""There has been a significant shift in ...
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Half of all finance workers are keen to change jobs
Over half of all finance employees are looking to change jobs, according to a report commissioned by Foundation Degrees. The figure makes employees in the sector the least satisfied in the country, r ...
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Fusion increases capacity by 40%
Virtual insurer Fusion today announced a near-doubling of its capacity for 2004Gross written premium capacity increased to at least £130m at Lloyd's, a 40% increase on last year.The estimated ...
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XL Capital injects $100m into financial guaranty arm
XL Capital Ltd has pumped $100m of additional capital into its financial guaranty insurance unit, XL Capital Assurance Inc (XLCA). XLCA's qualified statutory capital was $127.8m as of September 30 ...
