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Chris Wheal

Award-winning freelance journalist, editor, trainer and consultant. Lead blogger on AOL's Daily Finance, Former editor of Insurance Times.

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Articles by Chris Wheal

Ascot announces £12.6m loss

Lloyd's insurer Ascot Underwriting has revealed that a combined ratio hike to 104.7% (2010: 79.2%) caused a loss of £12.6m (2010: £97.1m).

Titanic centenary prompts safety concerns

Shipping loss rates have declined from one ship per 100 per year in 1912 to one ship per 670 per year in 2009, according to a report from Allianz to mark the centenary of the iceberg-hit ship.

MMA hires Thomson for north east

MMA Insurance has appointed Alexandra Thomson as business development manager for the north east, responsible for the development of broker relationships.

Baxter returns to Power Place

Damian Baxter, pictured, has returned to Power Place as head of business development after departing in August 2010 for a role as head of sales at Keelan Westall.

RSA in summer time eyesight plea

RSA's UK & Western Europe chief executive, Adrian Brown, pictured, has warned of an increase in crashes after the clocks jumped forward an hour on Sunday morning. He used the change to call for better eyesight testing of drivers.

Brightside launches clarion call against fraud

Bristol-based broker Brightside has issued a stark warning about fraud as it announced its ninth consecutive record year, with revenue up 21.5% to £80.4m (2010: £66.2m) and pre-tax profit up 34.7% to £13.6m (2010: £10.1m).

Esure CEO Stuart Vann says broker businesses will grow this year

Esure boss Stuart Vann, pictured, pinned his firm's fourfold increase in profits on walking away from bad risks in 2010, raising prices by more than 20% and pocketing £16m of identified fraud savings with the insurer's 33-strong anti-fraud team.

Esure reveals fourfold increase in profit

Insurer Esure has reported an operating profit up more than fourfold to £80.8m (2010: £18.6m) on a combined operating ratio down to 94.6% (2010: 114.5%).

Weightmans queries H&S law bonfire

Law firm Weightmans has claimed government plans to scrap 84% of health and safety regulation will mainly involve archaic and unused laws, having little impact on insurers.

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