Ageas chief executive Barry Smith has welcomed a government announcement suggesting that it is moving with the industry towards a levy type solution for residents and business owners in high risk flood areas.
Smith described the news as "a step in the right direction", but also urged that the momentum towards finding a long-term flood risk solution is not lost over the coming months. "This will ensure that...
A trial between Bluefin and its former CEO Mike Bruce was adjourned briefly this morning as all parties were said to be in "advanced stages" of settlement.
Despite putting a dampener on summer, flooding last week in London is small-scale, according to insurers.
Post-Brexit negotiations will be tough going and UK businesses must cooperate with EU member states.
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