Zurich sale
Zurich has completed the sale of parts of its French business to Assicurazioni Generali Spa for an undisclosed sum.

Zurich saleZurich has completed the sale of parts of its French business to Assicurazioni Generali Spa for an undisclosed sum.

NIB profits upLondon broker NIB/Lees Preston reported profits up by 7%. NIB turnover increased by 20% in 2002. The company's pre-tax profit for the year was £993,000 compared to £930,000 the year before. Turnover for the period was £3.1m compared to £2.6m the year before.

New Cowen officeMansfield-based broker RA Cowen & Partners will open its new offices in Peterborough this week. The office will open with ten staff.

IRM surplusThe Institute of Risk Management reported a growing financial surplus for the year ended 30 June 2003. It achieved £53,000, against £28,000 the year before, an increase of 89%.