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PICC FY premium income reaches record levels

(Bestwire) PICC Property and Casualty Co. Ltd. [77633], the largest nonlife insurer in China, said its direct premium income for 2008 reached 100 billion yuan (€10.8bn), a new record for the company.

MMC settles US bid-rigging case

(BestWire) - Marsh and McLennan has reached a $7m settlement with nine states stemming from an investigation into bid-rigging and broker compensation schemes dating back to a 2004 investigation, state and company officials said, Reinsurance has reported.

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Pick of the week

Post senior reporter Sarah Hills rounds up the top stories from the general insurance sector. This we...

Appointment at Romero

Romero Insurance Brokers has recruited Richard Nicholson and Jon Land as directors. ...

Appointment at Ace

Ace Global Markets has appointed Andrew Williamson as head of marine product line. In this new posit...

HSBC head mourned

HSBC head of insurance Christen Schnor (pictured) was found dead in a London hotel room following a ...

Appointment at BHSF

Melanie White has been promoted to HR officer at BHSF, the Birmingham-based nationwide healthcare in...

Appointment at Assurant

Assurant Solutions Intermediary has appointed Nigel Payne as managing director. Mr Payne joins ASI f...

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