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Commercial

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.

Brit name incoming chairman

Brit Insurance has announced that Clive Coates is due to retire as chairman at the AGM on 15 May 2008. Mr Coates will be succeeded by John Barton, who is appointed a non-executive director and deputy chairman of Brit Insurance with effect from 1 October…

Bridging the gap

As the chief executive officer of one of the largest insurers in the UK, Bridget McIntyre has a lot on her plate, from ensuring Royal & Sun Alliance (RSA) maintains its customer focus to having a positive working relationship with its broker partners…

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