Hiscox stake

Morgan Stanley Securities Limited has increased its stake in Hiscox to 9.8 million shares, or 3.39%.

PI Direct buy-out
PI Direct's management has completed the buy-out of SVB's and Brit's minority interests in the company.

Amlin capital
The issued share capital of Amlin is now 388,405,437 ordinary shares of 25p each.

PMI boom
Brokers are in for a boom in private medical insurance, results from Bupa suggest.

The health insurance operation was due to reveal record pre-tax profits of about £100m last year on the back of rising demand from companies keen to give their staff private cover.

AXA claims head
AXA casualty insurance manager David Williams has been appointed head of claims. He will take up the position from 1 April.