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Profits slump at Catlin

Catlin Group has seen pre-tax profits for 2011 tumble to $71m (£44.8m) from $406m the year before, as its combined operating ratio punched through the 100 barrier to reach 102.6% (2010: 89.8%).

Thistle appoints new CEO

James Twining has been appointed chief executive officer of JLT-owned managing general agent (MGA) Thistle Insurance.

RBSI rebrands as Direct Line

Royal Bank of Scotland Insurance (RBSI) Group has rebranded as Direct Line Insurance Group and changed its status from a private company to a public one.

Willis N² reveals 10 new members

Willis has unveiled 10 new members for its Willis N² network, representing smaller provincial and start-up brokers, taking total membership to 34.

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