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Commercial

RSA unveils new COO and MD roles in UK restructure

Royal and Sun Alliance today announced a re-organisation of its UK business around three customer groups – broker, retail and affinity - and the creation of a new operations function. These changes will result in the creation of two new roles on the UK…

Highway appoints Equity manager

Motor insurer Highway has appointed Terri-Ann McKenna to a newly created role as underwriting development manager. Ms McKenna was previously manager in the products and pricing division of Equity Insurance.

NU to cut 4000 staff

Aviva has announced plans to reduce its headcount in its UK business - impacting both its general and life business - by 4000 over the next two years under plans to deliver annual cost savings of £250m in 2008 at a cost of £250m the end of 2007. It will…

Sirius reports revenue and profit rise

Sirius this morning reported total revenues increased 8% to £11.5m (H1 2005: £10.5m). Recurring revenues were up 13% to £4.6m (H1 2005: £4.1m), representing 40.2% of total revenues (H1 2005: 38.5%)

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