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Zurich to make up to £25m voluntary contribution in East West administration

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Zurich will pay up to £25m to help policyholders of structural defects specialist East West Insurance Company, the insurer and administrators Ernst & Young have confirmed.

East West had stopped writing new business in 1997. However, it bought a book of 387,000 structural warranty and buildings guarantee insurance policies, written between 2003 and 2012, from Zurich in

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