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Novae credit insurance division expands

Novae Group’s specialist online trade credit insurance operation has laid out plans to introduce policy enhancements and to expand through participation in syndicated risk placements.

Benfield expands its presence in China

Independent reinsurance and risk intermediary Benfield announced today it has received approval from the China Insurance Regulatory Commission to open a new representative office in Beijing.

Budget date announced

It has just been announced by the Treasury that this year's budget will be delivered on Wednesday March 12th at about 12.30pm.

Munich Re trumpets record 07 profit

Global reinsurer Munich Re has announced it expects to declare a record profit of €3.9bn (£2.9bn) for 2007 and would increase its dividend by 22% to €5.50 a share.

Post pick of the week

Jonathan Swift, editor of Post, outlines the major stories in this week's issue including: police called in over alleged fraud at Lloyd's broker; Sir Michael Pitt warns insurers over minimum standards legislation; St Paul outlines UK plans in wake of…

Capita unveils new insurance boss

Capita CMGL, a Capita Group subsidiary company, has appointed Nick Stimpson as managing director of its Australian operations, based in Sydney.

Asbestos hits Everest 4Q but analysts happy

Bermudian reinsurer, Everest Re saw its fourth quarter combined ratio battered as it felt the effect of its recent bolstering of asbestos-related reserves, but market analysts reacted favourably to the clean-up operation.

Going to the blogs

Online learning can save managers' time and allow them to interact easily with their peers to share success scenarios, writes Jo Causon

Pick of the Week

Jonathan Swift, editor, Post Magazine outlines the major stories in this week's issue of Post includi...

Rival MD moves to Marsh

Marsh has announced the appointment of Carrick Lambert as managing director, EMEA financial institut...

Appointment at Willis

Willis Group Holdings has appointed Alena Watchorn to its mergers and acquisitions practice group as...

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