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CIS pre-tax profit more than doubles

Co-operative Financial Services’ general insurance arm reported a operating profit of £66.5m in 2005, up £24m on the previous year. Co-operative insurance services pre-tax profit was £37.1m in 2005 compared with £17.4m in 2004. The claims ratio reduced…

Government reports economic cost of fires down

Fires cost the economy £7.03bn in 2004 according to a new report published today by the Office of the Deputy Prime Minister. More than a third of this (£2.77bn) was incurred in anticipation of fire.

28 join mutual plan

A total of 28 London boroughs are set to pool their resources with the planned creation of a mutual,...

Appointment at Aon

Martin Welsh, formerly of Commerzbank, has been appointed to Aon's BankAssure team as executive dire...

NU extends athletics sponsorship with £50m deal

Norwich Union and UK Athletics announced today that the insurer is to extend its commitment to athletics until the end of 2012 in what is the largest UK sports sponsorship deal outside football, worth nearly £50 million to the sport over the next six…

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