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Commercial

SLE Worldwide launches event cancellation insurance

SLE Worldwide, a sports, leisure and entertainment insurer has launched an event cancellation policy which provides online quotations. The new policy protects events of all sizes in the event of cancellation, abandonment, postponement, interruption or…

Allianz extends small broker support service

Allianz Cornhill is extending its telephone-based small broker support service to brokers in the South West and Midlands. The move follows a pilot and launch in the South East which has produced an 81% increase in new business.

Consolidator acquires

The Towergate Partnership has announced the acquisition of G R Patrick & Company based in New Malden, Surrey. GRP controls £16m in gross written premium, Towergate said, underwriting schemes for care and nursing homes, and pubs and restaurants.

That sinking feeling

With new employment legislation due to be introduced, Peter Dobie explains why more needs to be done to prevent businesses becoming immersed in legal problems

Highway results show steady improvement

Motor insurer Highway Insurance has reported premium revenue rose to £242.9m in 2005 from £225.6m the previous year and the company's profit before tax increased by £6.1m to £27.3m.

Admiral profits soar; admits Spanish direct launch plans

Admiral has reported a record annual result with a core profit(1) of £122.1 million for the year to December 2005, an increase of 21% over the previous year. Group turnover, comprising total premiums written, gross other income and investment income,…

FM Global planning Latin America expansion

Insurer FM Global, has announced its fourth consecutive year of strong financial and operating performance. According to a statement, the company's net income increased by 14% to US$635m (£323m), contributing to the US$2.1bn (£1.2bn) in net income the…

Howden rebrands Swedish division

Howden, the broking division of the Hyperion Insurance Group, today announced that its Swedish operation, Holm & Co, has adopted the Howden brand. With immediate effect, the business will now operate under the name of Howden Insurance Brokers AB.

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