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Birmingham - Birmingham booms

The city hosting this year's UKIFS conference is changing so quickly, and growing so fast, that it is drawing insurance businesses - and major decision-makers - away from the capital, writes Guy Anker

AM Best affirms Converium rating

AM Best has affirmed the financial strength rating of B++ (Very Good) and upgraded the issuer credit rating (ICR) to "bbb+" from "bbb" of Converium. The under review status has been removed, and the outlook is stable for all ratings affected.

Admiral IPO begins successfully

Admiral Group has successfully placed its initial public offering of existing ordinary shares to institutional investors. The offer price was set at 275 pence, with shares trading at 283 pence at 8:15am

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