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BMW in rehabilitation deal

Motor manufacturer BMW is poised to save up to £3m after signing up to a back-to-work scheme offered by XL Insurance and rehabilitation specialists IPRS.

COO follows CEO out of Travelers UK

Travelers remained tight-lipped this week on the future of its UK management after it was hit by a second senior departure in less than a year when Tony Dilley stepped down as chief operating officer.

Contract law in consultation

The Law Commission is considering amending insurance contract law to allow insurers to seek damages from fraudulent policyholders.

Allianz head urges SRA to take PI action

Allianz head of financial lines Mark Carver has accused the Solicitors Regulation Authority of "burying its head in the sand" over the growing problems associated with professional indemnity insurance for the legal sector.

Aggregator set to prosper

Go Compare chief executive Hayley Parsons has claimed profits will double this year after the aggregator moved into the black for the first time since inception and repaid its loan facility early.

HNW return for John Sims

Former Chubb Europe personal lines manager John Sims has returned to the high net worth market as a consultant with Sterling.

Knowles joins in MMA management shake-up

Former general insurance boss of the Chartered Insurance Institute Peter Knowles has been appointed head of UK development at MMA following a management shake-up at the French-owned insurer.

EC proposals 'unnecessary'

CMS Cameron McKenna has responded to the European Commission's proposals for insurance guarantee schemes that could lead to the break-up of the the Financial Services Compensation Scheme.

Ecclesiastical repeats theft alert

Ecclesiastical has renewed its warning that many of the country's churches and buildings are being systematically targeted by criminals for their valuable metal.

EC proposals 'unnecessary'

CMS Cameron McKenna has responded to the European Commission's proposals for insurance guarantee schemes that could lead to the break-up of the the Financial Services Compensation Scheme.

Moody's cuts Portugal rating

Moody's Investor Service has cut Portugal's debt rating two notches to A1 citing rising debt and weak growth prospects, and said the country may need to come up with more austerity measures in its 2011 budget.

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