Latest News – Page 2676
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Cornhill and NU pledge to continue flood cover
Several leading insurers have announced they will continue to offer insurance cover to people living in flood-prone areas.In a move to offer complete assurance to its policyholders in flood risk areas, Churchi ...
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Conference News: Lloyd's clash over regulation
A clash is brewing over the Financial Services Authority regulation of Lloyd's and the market's modernisation plans, AM Best claimed.The credit rating agency, which this week confirmed Lloyd's A- (e ...
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ABI warns homeowners may lose flood insurance
The ABI is set to announce that people in flood-prone areas may be unable to insure their homes next year. The association will announce later today that it is unlikely to continue covering policy ...
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SVB announces a return to profitability
Specialty lines insurer SVB Holdings has announced a return to underwriting profitability in the first half of the year. The company reported a pre-tax profit of £1.6m for the six months to June, ...
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Judge rules insurers can treat WTC attack as one event
A US judge has ruled that Royal & SunAlliance, Hartford Financial Services and St Paul Cos are required to make only one payment in respect of the WTC attacks.The Manhattan judge ruled that the in ...
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Hawkes and R&R part company
Ex-Independent Insurance director Andy Hawkes leaves Rarrigini and Rosso after six months Rarrigini and Rosso Group confirmed that Andy Haw ...
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Software supplier appoints new developer
Specialised IT supplier, Chase, has appointed Ljubica Cica to develop software in support of its clients.Cica said: "I'm really pleased to be joining Chase and excited about the prospect of being ...
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Staffware appoints Gillon as new marketing chief
Business management process software-supplier Staffware, has appointed Lynne Gillon as its new chief marketing officer.Gillon has been given the responsibility of increasing Staffware's glo ...
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EU announces new insurance Directive
The EU has approved a Directive, which simplifies existing life insurance legislation by recasting existing Directives into a single text.Internal market commissioner Frits Bolkenstein said: "EU l ...
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Hardy looks forward after recording £1.8m profit
Hardy Underwriting Group has reported an increase in pre-tax profit to £1.8m for the six months to June 2002 - a rise of £0.9m from last year.In light if its strong performance, Hardy said its tar ...
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Chaucer Holdings swings into £0.3m profit
Chaucer Holdings has recorded a £0.3m profit in the first half of the yearThe Lloyd's insurer generated gross written premiums of £183.3m up from £122.3m last year.Managing director Ewen Gilm ...
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24 7 joins Polaris and Biba in market collaboration
Polaris, Biba and 24 7 have joined forces to create a set of commercial risk presentations to be used in the new Polaris E-Market Initiative.The collaboration will enable insurers to complete a st ...
