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Commercial

Chaucer expecting $25m oil spill hit

Lloyd’s insurance group Chaucer has estimated losses of $25m (£16.9m) to Syndicate 1084 due to the explosion of the Deepwater Horizon oil platform in the Gulf of Mexico.

Former RBS director joins Cifas

Chris McKee, former technical services director of Royal Bank of Scotland Insurance, is joining the Board of Cifas – The UK’s Fraud Prevention Service – as an independent director.

Axa UK motor book grows 31%

Axa has reported that property & casualty revenues were stable at $9.24bn (£7.83bn) compared to the first quarter of 2009 ($9.1bn).

Axa UK motor book grows 31%

Axa has reported that property & casualty revenues were stable at $9.24bn (£7.83bn) compared to the first quarter of 2009 ($9.1bn).

Broker warns of threat to CII

The future of the Chartered Insurance Institute could be at stake because too few members take an active role in promoting the organisation, Cowens Survival Capability has claimed.

Lorega strike Biba deal

The British Insurance Brokers’ Association has joined forces with claims advocates Lorega to provide brokers with a free claims helpline advice service for complex claims.

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