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Hiscox readies first US direct commercial play after it breaks £100m barrier in Q3

New York

Hiscox this morning reported that its gross written premiums year on year for the nine months to 30 September remain broadly level at £1.21bn (2009: £1.21bn).

The group added that it continues to grow in its local specialty lines and contract in areas where rates are challenging, mainly US property insurance lines and big-ticket professional indemnity. The

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Lloyd’s probe deepens after Clement promotion cleared

Lloyd’s is believed to have widened a fresh investigation into top-level behaviour, just as a report emerged that October’s review of the London Market’s former CEO John Neal’s relationship with his former head of corporate affairs Rebekah Clement ruled it wasn’t inappropriate.

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