New insurer targets £80m of premium in 2005
Aioi Motor and General Insurance Company of Europe today announced that it had been authorised by the Financial Services Authority to write non life insurance business.
The Company, which is a wholly owned subsidiary of Aioi Insurance, will start underwriting from January 2005, and it is estimated that it will write gross premiums of approximately £80m in the firstOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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