Latest News – Page 1748
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Recruiter issues profits warning
Michael Page says confidence worsening across all sectors
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Cullum, Utley and the Hastings MBO
A buy-out backed by Towergate boss Peter Cullum makes sense
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News
Woolworths collapse set to bruise trade credit insurers
Trade credit insurance companies face substantial claims after the high-street stalwart Woolworths collapsed last week.Euler Hermes said it still had policies with suppliers when Woolworths went into administration last Wednesday. Coface and Atradius, the other two big trade credit insurers, declined to comment.It was widely reported the big three had ...
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Hiscox ditches Bermuda team for US expansion
Insurer to open five new US offices by end of 2009
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Backchat
Ho, ho, no
Stuck up here at Insurance Times Towers, Backchat is getting a little depressed by all the doom and gloom around us. The bars of Leadenhall market are more subdued than usual, their empty tables crying out for Jeroboam-swigging, bonus-wielding City boys. But with many firms expected to follow AIG’s example ...
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Markets & Risks
Market: SMEs
Our new Markets & Risks section kicks off with an in-depth look at small businesses
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News
Are you being served?
Not all that well, say Britain’s brokers in this year’s survey of service from insurers. Hiscox and Chubb got first-class honours, but it’s a different story for companies in the chart’s lower reaches
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Supplements
The top 10
These are the insurers that made it to the summit of our list. For the full ranking, download the pdf
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News
Amlin looks to the US for non-catastrophe business
It’s an obvious market to look at – although we’re not in a hurry to get in, says Lloyd’s insurer
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Poor markets force AXA to give up financial targets
AXA Group has torn up the “Ambition 2012” financial targets it set in 2004 and issued a profit warning. The insurer’s ambition to triple operating earnings and double income by 2012 was based on the assumption that equity markets would grow each year by 8%.But it said this week that ...
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We’re not about to sell to rival, says GAB Robins
The loss adjuster GAB Robins has denied reports that it is in due diligence with a third party over a sale.However, it is believed Cunningham Lindsey, a rival loss adjuster, could make a move for GAB Robins’ international division.The private equity firm Stone Point Capital, which has a controlling stake ...