All articles by Newsdesk – Page 58
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NewsQuindell plunges to £238m pre-tax loss in long-awaited 2014 results
Chairman Rose says new chief executive appointment ’imminent’
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NewsQuindell plans up to £500m cash payout, share buyback
Shareholders to receive at least £1 per share by November
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NewsSerious Fraud Office to probe Quindell
Investigation relates to past business and accounting practices
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Online onlyUK GI broking market shows 2.5% year on year drop in value
The study, conducted by Finaccord, predicts a future decline in value
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NewsAccounts watchdog ends Quindell probe after financials restated
Financial Reporting Council satisfied with firm’s “positive actions”
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NewsQuindell overstated 2013 PSD profits by £145m
Insurance outsourcer would have overstated 2014 PSD profit by £312m under old accounting methods
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NewsPrivate equity firm Odyssey to buy Integro
Deal is expected to be completed in the fourth quarter of 2015
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Online onlyPen secures capacity deal with QIC Europe
QIC will provide capacity for Pen’s solicitors PI products
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NewsAgeas sees return to profit from Tesco Underwriting
Joint ventue with retail giant shows profit despite drop in GWP
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NewsForeign exchange losses depress Novae profit
First half pre-tax profit down 21%, but underlying profit rises 28% and COR improves to 89.8%
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Online onlyTowergate launches regional restructuring
The broker is rebranding a number of its regional management areas
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Online onlyDirect Line share price at record high after strong results
Shares boosted by 49% rise in first half pre-tax profit
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Online onlyDirect Line Group announces cyber product in half year results
Insurer also announced the launch of a professional indemnity cover for Direct Line for Business
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NewsGeddes: Motor pricing still lagging claims inflation
Direct Line Group still expects lower reserve releases than last year despite first-half increase
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Online onlySterling, Walmsleys launch hand-crafted goods scheme
Niche policy provides cover for growing sector of craft businesses
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NewsAXA’s Paul Evans: Insurers face ‘headache’ over soft home rates
Insurer’s home revenues fell 6% in first half because of growing competition
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NewsRegulatory demands drive growth in insurance jobs
Specialists in compliance and risk with 3-7 years experience are in particularly high demand
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Online onlyAXA to overhaul its customer digital experience
Demand for simpler buying processes fuelled the changes, says AXA
