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Claims experience as important as price, suggests survey

Six in 10 people who have claimed on their household insurance consider their claim experience, and not just competitive pricing, when renewing ther policy, according to a recent survey commissioned by claims processing company Comet Replacement Services.

XL to offer environmental pollution insurance

XL Insurance, the global insurance operation of Bermuda-based (re)insurer XL Capital, is offering a specialised environmental insurance program that addresses pollution liability and clean-up expenses for US warehouses, storage and distribution…

Max Capital income halves in H1

Max Capital Group has reported net income for the second quarter of 2008 of $74.2m, compared to net income of $94.1m for the second quarter of 2007. Net operating income was $76.1m, compared to net operating income of $94.4m for the same quarter in 2007.

Willis makes new appointment to drive global sales

Willis Group Holdings has appointed Allan Gribben, chief executive officer of Willis International, as global sales and marketing director, which includes responsibility for the 'client and growth' initiative, part of Willis' Shaping our Future strategy…

JLT pre tax profit falls 30%

Broker JLT this morning reported a 9% increase in fees and commissions to £266.2m and 4.9% jump in underlying trading profit to £44m for the first half of 2008. However, its profit before tax fell 30% to £53.4m.

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