Commercial Lines – Page 101
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NewsFosh: Novae focusing on organic growth amid M&A talk
Company plotting casualty excess-of-loss division following hire of Aspen’s Bob Patten
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NewsNovae 2014 profit jumps 46% thanks to foreign exchange gains
£638.5m GWP ‘highest in company’s history’
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NewsHyperion and R K Harrison complete merger deal
The combined group will be the world’s largest employee-owned insurance business
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NewsHiscox seeking more niche acquisitions following R&Q deal
But Lloyd’s insurer sees no need to become part of a larger group itself, says chief underwriting officer
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NewsPool Re buys £1.8bn of reinsurance from commercial market
Munich Re-led coverage placed by reinsurance broker Guy Carpenter
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NewsR&Q’s sale of Synergy MGA to Hiscox falls through
Company was unable to reach mutually acceptable terms
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NewsHiscox UK and Europe makes ‘record’ £73.3m profit in 2014
Group profit before tax dips 5% to £231.1m
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NewsAmlin UK reports ‘disappointing’ 105% COR after large motor losses
2014 group profit drops 21% because of lower reserve releases and investment returns
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NewsBesso’s Colin Marshall resigns after over 30 years with firm
Chief executive of group’s Lloyd’s broker to leave in mid-June
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NewsBrit chief: Fairfax deal does not signal my exit
Mark Cloutier predicts more consolidation to tackle the industry’s ‘enormous capital inefficiency’
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NewsBrit promotes Matthew Wilson to group deputy chief executive
Wilson will work closely with group chief exec Mark Cloutier
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NewsBrit 2014 profit jumps 40% despite 4.1 point COR deterioration
Lloyd’s insurer enjoyed 38.4% boost in investment income
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NewsBeazley boss among highest paid chief exec at Lloyd's
Andrew Horton was paid nearly £3.6m in 2014 despite falling profits
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AgendaNovae appoints new syndicates chief executive
Lloyd’s insurer announces raft of new appointments
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NewsCMA reviewing Willis's planned Miller acquisition
Competition regulator seeks views from third parties on proposed 85% stake purchase
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NewsBrit suitor Fairfax increases size of bond issue
Proceeds from $350m transaction will help pay for Brit acquisition
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NewsERS returns to profit in 2014 but vows to fix ‘unsustainable’ 101% COR
Lloyd’s motor insurer will now return to growth after 4.4% GWP dip, says chief executive Ian Parker
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NewsFitch reviews Brit debt ratings following Fairfax deal
Rating agency will downgrade insurer if it considers the takeover to be negative
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NewsWillis Re consulting London staff about possible redundancies
News reports says more than 150 employees contacted
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NewsCanadian insurer Fairfax to buy Brit for £1.22bn in cash
Offer is 1.73 times Brit’s net tangible assets
