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Property

Marsh and Guy Carpenter earnings up

Rising revenues at (re)insurance brokers Marsh and Guy Carpenter reported increased fourth quarter revenues - although owner company MMC reported more mixed results.

US insurer CNA's results improve

CNA Financial Corporation, the US insurance giant, said that fourth quarter net income rose to $246m, up from a loss of $336m in the fourth quarter of last year.

Aviva drops Asda

Aviva has relinquished its role as lead home, motor and travel insurer for Asda. The insurer extended its affinity deal signed in March 2003 with the supermarket until December 2009.

AA insurance boss: deals "drying up"

The AA has reported that car insurance premiums rose more sharply in the last quarter of 2009 than at any other point since the launch of its UK insurance premium index in 1994.

EMC ups guidance

EMC, the US property/casualty insurer, said it is upping its operating earnings guidance for 2009.

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