Regulation

FSA announces GI application update

The Financial Services Authority today announced it had received 5049 applications from the primary insurance market for authorisation and 4189 from the secondary insurance market as of 1 October.

Brown appointed head of IR at Alea

Alea Group has appointed Peter Brown as manager of investor relations. Mr. Brown will be based in London and will report to Amanda Atkins, group chief financial officer.

Marsh announces Pru tie up

Medisure, the healthcare management arm of Marsh, is to provide PruHealth with clinical case management services, following PruHealth’s UK product launch yesterday.

Saga MBO for £1.35bn

The management of Saga, supported by Charterhouse, have agreed an MBO of the company for an enterprise value of £1.35bn.

Lessons for all to learn

Underwriters and marine insurers at the recent International Union of Marine Insurance must work out how to find their way back into the black while the clement conditions prevail

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