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Commercial

Towergate acquires £4.5m Medical & Professional

Towergate Partnership has announced the acquisition of Cardiff based intermediary, Medical & Professional. The portfolio represents £4.5m of commercial business and fits with Towergate’s existing Cardiff operation, with both businesses consolidating…

JLT Re starts up

Jardine Lloyd Thompson Group has announced that JLT Re commenced trading on 1 January 2006. JLT Rei...

AM Best points to UK growth for SVB

A.M. Best has assigned a syndicate rating of A (Excellent) and an issuer credit rating (ICR) of “a” to Lloyd’s Syndicate 2147, which is managed by SVB Syndicates.

PartnerRe renewals -2% due to higher retentions

Bermudian (re)insurer PartnerRe has revealed that during the January 1 renewal season it had written and bound approximately $1.79bn of estimated Non-Life premium, 2% less than total renewable expiring premium of $1.83bn.

Insurance brokerage fuels record bank profits

A growth in property insurance activity undertaken by Hodge Insurance Brokers, has contributed towards record profits at the Welsh brokers’ parent, the Julian Hodge Bank Group. This year has seen Hodge Insurance Brokers increase shareholder’s funds by…

QBE announces credit reference partnership

QBE Insurance has announced the launch of a strategic partnership between ICC Credit, a UK credit reference agency. QBE said the alliance will offer the UK market credit insurance backed by credit reports from ICC.

Plus One wins new IFA contract

White label insurance provider PlusOne Insurance Solutions has been appointed by IFA network Simply Biz as partner to provide own brand general insurance products.

One logo for Standard Life

Standard Life is to use one logo across its suite of retail products in the UK. This will result in both Standard Life Bank and Standard Life Healthcare adopting the Standard Life logo currently used by the Life & Pensions business.

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