GAN and Lombard move closer to merger.

A joint working party, comprising Lombard and GAN senior executives, has completed the first phase o...

A joint working party, comprising Lombard and GAN senior executives,
has completed the first phase of a project looking into the feasibility of
merging the two insurers.


The working party was formed at the beginning of the year, following the
FFr17.21bn (£1.8bn) takeover of the GAN group by Lombard's parent
Groupama, which has now been renamed GroupamaGAN.


Tony Lancaster, chief executive of GAN, is heading up the working party
and is being widely tipped for the number one slot, should the two
compan

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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