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NU urges support for Claims Standards Council

Norwich Union has officially backed the Claims Standards Council at the body's 'make or break' conference today. The insurer's director of technical claims, Dominic Clayden, told more than 100 delegates the CSC was the only way forward in regulating the…

NU in talks to acquire Barclays insurance arm

Barclays Bank has revealed that negotiations are underway to sell Gresham Insurance, which it bought today from Legal & General, to Norwich Union as it seeks to boost its share of the general insurance market. If negotiations are succesful NU would…

Banking giant in major UK GI acquisition

Legal & General has sold its 90% stake in its general insurance subsidiary Gresham Insurance to Barclays Bank, which already owns the remaining 10% stake, for a consideration of £85m.

III survey forecasts lower P/C premium growth ahead

The property/casualty (P/C) is facing lower premium growth in 2005, according to the Insurance Information Institute’s (III) annual survey of Wall Street stock analysts and industry professionals for the property/casualty insurance industry.

Rewards cut absenteeism

The key to avoiding unnecessary absenteeism is in a well-designed reward package and management prog...

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