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QBE net profit falls 3.5%

QBE Insurance Group has reported that its pre-tax profits have fallen 3.5% to $1.86bn for 2008 compared to the previous year.

MMA launches Internal Risks proposition

Broker insurer MMA Insurance has launched a new Motor Trade Internal Risks product. It has been developed following feedback from MMA's broker base and is designed to offer smaller motor traders cover for their premises and liabilities.

RSA to cut 1,200 jobs

RSA has said that it is to to cut 1,200 jobs as its pre-tax profits rose 13%.

RBS Insurance profits rise to £780m

Royal Bank of Scotland has reported a 13% rise in profits within its insurance arm at the same time as reporting a record loss of £24.1bn for the overall group.

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