Results – Page 70
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NewsPublic sector quadruples terrorism insurance purchases
Public sector purchases of terrorism policies rose by 331% in 2017, according to the latest research
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NewsFCA appoints new chairman
Charles Randell CBE will take his new position on 1 April, replacing the outgoing John Griffith-Jones
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NewsPersonal injury lawyers see drop in profits in face of government reforms
Nearly half said the costs of doing business had increased in the face of government reforms in the Civil Liabilities bill
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NewsMarkerstudy agrees sale of insurance business to Qatar Re
Announcement ends months of speculation about a sale
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NewsGlobal reinsurance sees one of the worst loss years on record
2017 is proving to be one of the worst loss years on record for the global (re)insurance market, according to the latest 1st View renewals report from Willis Re
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NewsMarkerstudy in sale talks with Qatar Re – reports
Markerstudy in ‘advanced’ talks with Qatar Re, say reports
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NewsLiverpool fire seen costing £2m in car payouts alone
Insurers could have to pay over £2m after as many as 1,400 cars were destroyed in the blaze, reports City AM
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NewsTempcover completes management buyout
Private equity provides capital and non-executive expertise for managment buyout
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NewsAllianz, LV= complete first stage of joint venture
Allianz has bought a 49% stake in LV=’s UK general insurance business
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NewsUK General’s yearly profit fall “reflects structural changes”
UK General releases its yearly profit, after large investment into structural changes
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NewsAviva paid 96% of claims in 2016, worth over £2.7bn
Aviva paid £2.7bn last year in cash settlements and services to more than 775,000 UK customers
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NewsPoundland fights back amid reports of trade credit problems
Poundland hits back over reports of trade credit problems amid scandal at its South African owner
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NewsCar insurance app raises over £300,000 in first week of crowdfunding
Honcho raises almost half its £650,000 target in its first week of crowdfunding
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NewsOutlook is stable for global P&C in 2018 – Moody’s
Moody’s latest report on P&C says the outlook is stable for 2018
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News2018 predictions: Motor insurance “firmly back in the black" - EY
EY UK general insurance leader Tony Sault predicts a bit of welcome relief for the motor insurance industry in 2018. However, things are not looking up for the home insurance market.
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NewsGRP attracts £200m extra funds for acquisitions
Consolidator finds new finance for its buy and build strategy
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NewsR&Q in deals with motor MGAs
R&Q signs delegated underwriting agreements with Xpekt and Blagrove
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NewsRecord-breaking £160m paid out every day to customers - ABI
Record year for payments as £160m was paid out every day in 2016
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NewsL&G on track for 'record' 2017
Legal & General reports 13% higher GWP in general insurance products
