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Commercial

RSA rolls out trading vision

Following the successful launch of specialist trading units for Property Investors, and within Construction, Power and Engineering, Royal and Sun Alliance (RSA) has created four new trading units focused on the retail, leisure, manufacturing and public…

Insurers facing rise in PI claims

With the commercial and residential property sectors under increasing pressure, professional indemnity (PI) insurers are bracing themselves for a significant rise in claims according to professional liability risk consultants, Flaxman Partners.

MMA receives A rating

Intermediary only insurer, MMA Insurance, has been assigned a Financial Strength Rating of ‘A’ from Standard & Poor’s.

Rates stabilising according to Brit boss

Brit has reported that gross premiums written by the group in respect of ongoing business for the 9 months to 30 September 2007 totalled £1.02bn (30 September 2006: £978.3m), an increase of 4.3%. Premium growth, when adjusted for exchange rate movements…

Willis Index tracks professional risks trends

Premiums across all financial, executive and professional lines of insurance are decreasing to the levels seen in 1999 and 2000 – the low point of the last soft market, according to a survey of London market insurers by Willis Group.

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