Commercial Lines – Page 261
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St Paul Travelers launches marine package
Product offers commercial commercial and marine covers
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Online onlyInsurer launches risk management service
Ecclesiastical risk arm to offer health and safety
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Online onlyReinsurance outlook is stable
The outlook for the global reinsurance sector remains stable supported by robust balance sheets of reinsurers, finds Andrew Holt
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NewsTerrorRisk launched
Terror tool will enable insurers to conduct planning through specific terrorism risk exposure
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News AnalysisScrambling for a share of the PI
The solicitors’ professional indemnity market could be heading for major losses as rates continue to fall. Tom Flack and Sarah Kennedy report
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Pensions group accuses Pointon of PYV bail-out
Financial services adviser the Pointon Group has acquired Lloyd’s broker PYV Risk Management, a subsidiary of PYV Group. Pointon Group chairman Geoffrey Pointon said the £3.25m acquisition was an attempt to revive the fortunes of the business. But members of the Pointon Group pensions scheme have declared the move as ...
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R&SA seeks alliance for property expansion
US investment giant could provide capacity for insurer’s expansion
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Groupama beats broker bidders to buy Lark Group
Groupama has beaten off broker competitors to buy a majority stake in top 50 broker Lark Group for what is believed to be in the region of £47m.The acquisition, which was predicted by Insurance Times in July, follows the purchase of a 60% stake in Bollington Group. Lark, which is ...
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AXA ties up two more broker acquisitions
AXA’s broking division, Venture Preference, has made two acquisitions as it closes in on its target of £500m SME commercial premium. The company has acquired two commercial brokers, the Davis Group and Smith Grayburn Young (SGY) Insurance Services. Davis specialises in transport insurance, and controls £37m in premium. The value ...
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Price-cutting forces Amlin to rethink commercial focus
Lloyd’s giant Amlin this week said it would continue to reduce its participation in the UK commercial market, owing to intense competition within the sector. The warning came as the insurer reported record profits for the first half of the year, beating analysts’ forecasts. Amlin saw pre-tax profit increase by ...
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NewsHow to co-insure... another waste of EU money
The EU competition directorate's investigation into commercial insurance has begun to scrape the barrel
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Primary General launches online tradesman policy
One-stop-shop for placing smaller risks
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Online onlyMoody's upbeat despite catastrophes
Ratings agency says that European insurers are still enjoying ratings stability and good results in the face of pressures
