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MOJ confirms delay

The delays to the personal injury reforms will likely continue until the end of the month, according to the Association of British Insurers.

Mapfre Re to open in Brazil

Spanish reinsurer Mapfre Re has announced it is to establish a subsidiary in Brazil, following a meeting held today with the insurance regulator of the country (SUSEP).

ABC doubles commercial sales and customer services centre

ABC Insurance, part of the LV= Group, will be doubling the size of its commercial sales and customer service centre. The team, based in Croydon at ABC’s head office, provides the sales and support service for all brokers selling ABC’s commercial…

Co-operative reveals healthy GI results

Co-operative Financial Services has reported a 6.3% increase in total shareholder profit before tax, investment fluctuations, significant items and membership dividends at £155.4m.

Pressure grows on government over flood defences

In its response to Sir Michael Pitt’s review of flood risk in the UK, Risk Management Solutions has today highlighted the urgent need for an accurate database of information on flood defences. It added the Environment Agency currently has information…

Loss adjusters merge

Axis International Loss Adjusters and Surveyors has sold its North American specialist adjusting business to York Specialized Loss Adjusting, a division of York Insurance Services Group, for an undisclosed sum.

CGT count down: Clarke Roxborough sells out

Jelf Group today announced that it has acquired the entire issued share capital of Clarke Roxburgh and its subsidiaries; Clarke Roxburgh Insurance Brokers, Clarke Roxburgh Financial Planning and Clarke Roxburgh Mortgages.

Lloyd's records £3.8bn profit

Lloyd's has recorded a profit of £3.8bn for 2007. Profit before tax was £3.846bn compared to £3.662bn in 2006. The market's combined ratio was 84% (2006: 83.1%).

Pick of the Week

Post reporter Alwynne Gwilt and supplements and online editor Stephanie Denton provide a run down of ...

Compliance officer on trial

The case of a former compliance officer at a Southport broker charged with stealing £9000 from his e...

GTA agreement stalemate

An agreement on an acceptable rate for insurers to pay credit hire companies is unlikely for at leas...

Hampshire acquisition

Finch has begun its "acquisition trail" with the purchase of Hampshire broker Ashcombe Border, incre...

Appointment at Axa

Axa has appointed Zoe Chambers as partnership development manager for its protection business. The n...

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