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Commercial

Liability Claims Costs - An explosive issue

The majority of periodical payments are currently linked to the retail price index. Ana Paula Nacif reports on an ongoing court battle to move this link onto the average earnings index, which could blow open the way insurers pay claims

TRH battered but not broken by 2005 hurricane bill

Transatlantic Holdings (TRH), the parent company of Transatlantic Re, has reported that its net income for the year ended December 31, 2005 amounted to $37.9m, compared to $254.6m, in 2004. Net income for the fourth quarter of 2005 amounted to $13.5m,…

NU doubles team size to meet demand

Increasing demand for fleet risk management services has prompted Norwich Union to double the size of its adviser team – making it the UK’s largest, the insurer claimed.

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