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Lloyds TSB GI profits up £63m

Lloyds TSB this morning said that profit before tax from its general insurance operations increased by £63m, to £113m. The bank said this reflected a £57m reduction in claims due to the absence of the severe weather related claims experienced and the…

CETA warns flood insurance for all still in jeopardy

The general relief that has greeted news that insurers will continue to provide flood insurance for the UK’s most vulnerable properties could prove premature, as the deal comes with strings attached warns CETA managing director David Quick.

Blue Bunday

Insurance specialists at London law firm Beale and Company braved torrential rain to compete in the ...

Pick of the week

Reporters Alwynne Gwilt and Lousie Meeson look at the major stories from the general insurance market...

Max Capital promotes

Max Capital Group has promoted two leaders in its Bermuda and Dublin-based reinsurance operations. D...

Appointment at JLT

Jardine Lloyd Thompson private clients division has appointed Steve Hilditch as a senior consultant ...

Appointment at XL

XL Insurance has appointed David Gallagher as country manager for Ireland. Mr Gallagher joined XL in...

Provident and Zurich team up for affinity win

GM UK has appointed Provident Insurance, in partnership with Zurich Financial Services, to provide its Vauxhall, Saab, Chevrolet, Cadillac and Hummer brands with a customer insurance programme for an initial period of three years from 1st January 2009.

Doucette to leave Max Capital

Max Capital, the Bermuda-based (re)insurer, said that chief underwriting officer and president of the group's reinsurance operations, John Doucette is to leave the company to pursue "other options".

AIG sets Willumstad pay and bonuses

American International Group has set new chief executive Robert Willumstad’s basic annual salary at $1m, an annual cash bonus opportunity of $8m plus an annual long-term incentive opportunity of $13m.

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