Financial / Results – Page 182
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NewsBluefin buys Scottish broker Lomond MacDonald
AXA-owned broker says it is looking for more acquisitions
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NewsCarlyle confirms stake in Giles consolidator PIB
Giles predicts PIB will be ‘a major consolidator’
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NewsWillis/Towers Watson merger to go ahead after shareholders approve deal
Sweetened dividend for Towers Watson shareholders clinches key vote
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NewsFitch turns negative on Towergate ratings over debt and cash flow
Ratings agency says there is ‘significant execution risk’ with broker’s turnaround plan
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Online onlyAIG staff shock as top bosses are latest culled
Top level executives join UK boss Jacqueline McNamee in leaving the insurer
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Online onlyGiles consolidator on verge of winning backing for new wave of M&A
Nicolas Sarkozy’s half brother is a partner at private equity firm considering investment in PIB
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NewsWillis urges shareholders to vote 'Yes' on final Towers offer
Takeover terms are ‘best and final’ terms in $18bn offer
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NewsStorm Desmond could cost insurers £325m
Total cost of damages could be £400m to £500m, PwC insurance head predicts
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NewsAdmiral ‘most exposed’ to bodily injury claims cost rise - analyst
Macquarie expects insurer to be hit hardest because it underwrites a greater proportion of younger drivers
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Online onlyTowers investors urged to reject Willis bid amid unfair deal claims
Willis and Towers Watson merger facing hurdles over deal price
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NewsFSCS: no interim levy expected for 2015/16
Both insurers and broker considered at low risk of additional charge
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NewsCyber attacks are a growing threat to UK financial system
Bank of England’s latest systemic risk survey finds that the biggest threat to the system is economic downturn
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Online onlyBriefing: Should Towergate be worrying about debt again?
The broking group’s financial restructuring greatly reduced its debt burden, but falling profit is adding pressure
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NewsAIG reportedly considering selling blocks of life policies
US firm looks to tighten focus under pressure from activist investor Carl Icahn
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NewsInsurers may be slow to pass on whiplash reform savings – Fitch
Companies will be cautious about cutting rates after experience in 2013 reforms
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Online onlyCrisis deepens at Slater and Gordon as shares crash another 26% – latest
Australian law firm in crisis as share price is being destroyed by UK government whiplash crackdown plans
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NewsUK commercial rates among fastest falling globally in Q3
Rates fell by more than 7.5%, Marsh quarterly study finds
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NewsCyber is only commercial line to enjoy big rate increases
Average cyber coverage limit broke through $20m barrier in Q3, says Marsh
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NewsRegulators approve Allianz’s solvency capital model
German, UK and other EU regulators sign off insurer’s internal model
