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Breedon to leave L&G

Legal & General (L&G) has announced that group chief executive, Tim Breedon, will be retiring from the company at the end of 2012.

Mazars responds to Lloyd’s results

Mazars has described the £697m half year loss by Lloyd’s as a good result having predicted a £1.5bn loss and combined operation ratio of over 120% for the specialist insurance market.

Lloyd’s losses hit £697m

Lloyd’s has revealed a loss of £697m for the first six months of 2011 compared to a profit of £628m in the same period of 2010.

Jelf director heads for Giles

Giles Insurance Brokers has appointed Andy Tedstone as group development director within the senior management team joining from Jelf where he was partnerships director.

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