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Equitas reaches $245 agreement with US giant

Lloyd’s run off venture Equitas and US insurer Travelers Property Casualty have reached a comprehensive settlement of all policies existing between Travelers and those underwriters at Lloyd’s reinsured by Equitas.

Cox delivers increased profits

Cox Insurance Holdings, which is currently involved in an offer for Highway. has posted pre-tax profits of £52.1m for 2003 compared to a profit of £42.7m the previous year.

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