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SVB Holdings has announced ..

SVB Holdings has announced its plan to establish and caplitalise a new, wholly-owned Financial Servi...

SVB Holdings has announced its plan to establish and caplitalise a new, wholly-owned Financial Services Authority-regulated (FSA) company, which would be isolated from its damaging legacy underwriting. The company's proposals include the formation and capitalisation of an FSA-regulated insurance company focused on UK mid-sized commercial risks. This will sit alongside its continuing Lloyd's business.

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GI AR numbers fall again

The general insurance and protection sector saw the biggest fall in the number of appointed representatives last financial year, the Financial Conduct Authority has calculated.

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