GIO losses force restructure.
Australian insurer GIO made a pre-tax loss of A$189m ($112m) on its
reinsurance business in 1997/98, according to unaudited figures revealed
last month.
The figure was announced as GIO reported a
reinsurance business in 1997/98, according to unaudited figures revealed
last month.
The figure was announced as GIO reported a
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In memory
With great sadness we confirm that Sir David Rowland, our former Chairman from 1993 to 1997, has passed away. He played a critical role in safeguarding the future of the Lloyd’s market through perhaps its most difficult period.
— Lloyd's (@LloydsofLondon) February 18, 2019
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