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Brit deal in the balance

Private equity house Apollo is not expected to up its offer for Brit, meaning the chances of the deal being successful are 50:50, according to Jefferies International.

Quinn: PI insurers losers after defeat

The Solicitors Regulation Authority has welcomed the Court of Appeal's decision to uphold an earlier ruling denying Quinn Direct access to confidential information on a small firm of solicitors that it insured.

Halliwells sells to BLG

Halliwells' insurance business has been acquired by London-based Barlow Lyde Gilbert, after the deal was approved by its board.

Bluefin joins PE alliance

Axa-owned Bluefin has become an inaugural member of Equity Risk Partners Global, a worldwide alliance focused exclusively on the needs of the private equity sector.

Axa uses headhunters

Axa Insurance is understood to have employed headhunters to look for a candidate to fill an extended role to that of Anthony Middle, managing director of commercial lines, who has left to join Aviva in December.

Brownsword founder leaves

David Brownsword has left his role as executive chairman of Brownsword Group, two years after returning to the fraud investigation company that he founded.

Octagon joins aggregator

Motor insurer Octagon has joined the panel of aggregator Compare the Market. Octagon, which launched last November, was previously available exclusively on Go Compare.

Chaucer in Buenos Aires

Chaucer has opened a new office in Buenos Aires, Argentina, to access facultative property and related risks in Latin America on behalf of Chaucer Syndicate 1084.

Kelly quits ABI

The Association of British Insurers is on the hunt for a new director general following the announcement that Kerrie Kelly has stepped down.

Ex-Erinaceous boss returns

Former Erinaceous boss Andy Halstead has returned to the insurance market with a new property venture called Rent On Time.

ABI: liability classes lead rise in fraud detection

Figures from the Association of British Insurers published this week are expected to reveal the amount of insurance fraud detected and prevented last year by its members rose again, reaching a total of 122 000 cases — up from 107 00 in 2008 — with a…

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