All Insurance Times articles in Issue 29-11-2007 – Page 2
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Comments/Letters
Motor profits in the balance
Michael Faulkner says that time will tell over the fortunes of the profitability of the private motor market
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News
FSA investigates third party capture cases for bad practice
The FSA has launched an investigation into bad practice among insurers that deal direct with personal injury claimants who are not policyholders.The regulator is prepared to take action against the culprits, and change its rules, widening its remit to tackle the problem.It is examining whether insurers are contacting personal injury ...
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News
Marsh restructure raises axe over jobs
Broker reviews Norwich operation after scathing criticism of performance by group chief
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Backchat
Caffeine catastrophe awaits us
It’s official: coffee is potentially harmful.Research by Allianz Engineering, which also brought us “why cement is sticky” and “watch out – it’s a JCB”, has shown that half of the boilers in London’s limitless array of coffee shops are not only hazardous, but could quite literally explode at any moment.That ...
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Backchat
Lloyd’s masters show their art
Backchat was more than a little excited to receive a sneak peek at one of the exhibits from the Lloyd’s Art Group in the mail.The exhibition, which took place from 19 to 21 November in the Old Library, showcased over 100 works from 34 artists, and featured a range of ...
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News
Credit hire talks break up without agreement
Sides ‘too far apart’ to reach settlement on new rates for car hires
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News
Towergate strikes again
Consolidator to buy Broker Network for £95mLegal settlement reached with former staff who poached 65 clients
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News
ABI refuses to support pleural plaques testing
The ABI will not support payments to encourage suspected victims of pleural plaques to be tested, it said this week.Justin Jacobs, the association’s head of property, motor and liability, said that there were no grounds for payments of up to £1,500 to be made to suspected victims. He said medical ...
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News
ABI defends flooding role after Blunkett blast
Industry is “keeping its side of the bargain” says ABI chief
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News
Argenta in £20m deal with Ark
Argenta Private Capital, the Lloyd’s members’ agent, is to provide £20m capital to Ark Syndicate 4020 – the first time private capital has accessed a totally corporate syndicate.The deal, subject to members’ approval, will see Argenta entering into a quota share agreement with Ark for the 2008 year of business.Argenta ...
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News
CCV nears target with 20th buy
CCV Group has made its largest acquisition to date with the purchase of Morgan Law, a specialist construction broker.The group has taken a “significant investment stake” in the Ipswich broker, which controls almost £20m in gross written premiums (GWP).This puts CCV on the brink of reaching its target of controlling ...
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News
LitComp reports flat profits
The LitComp group has reported a flat profit despite a huge increase in premiums from its Gibraltar-based subsidiary, Elite.The group, which provides after-the-event insurance and is a national supplier of medico-legal reports, returned to profitability earlier this year. Its unaudited results for the six months to 30 September 2007 showed ...
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