Latest News – Page 2453
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GE sells bond insurance arm
General Electric has sold its bond insurance arm, Financial Guaranty Insurance Company, for $1.9bn (£1.2bn) to a group of investors.
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Business optimism companies at highest level for a year
Business confidence has started to improve, according to a a survey by accountants BDO Stoy Hayward.
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Comments/Letters
Equal pay questionnaire
Brokers might be in for a shock when the equal pay survey hits their desk, says Russell Guest.
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XL returns to profitability
Bermudian reinsurer XL Capital has posted a net profit of $347.7m (£215m) in the three months to the end of June.
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Lloyds TSB leads personal lines despite profits setback
Lloyds TSB Insurance posted an 8% drop in pretax profits to £355m in the first half of 2003, as it suffered a downturn in creditor insurance income.