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Flooding To Drive Up Commercial Property Rates – Losses Are Gathering And Ticking Up Due To Rising Claims Activity

The UK commercial property insurance line has been “performed relatively well over the past five years”, but attritional loss ratios are expected …

Banks To Add Further £1bn To PPI Provisions – Lloyds, HSBC, RBS And Barclays To Reveal Hikes In Their Results

The four biggest high street banks will boost their payment protection insurance (PPI) provisions by a combined amount of £1bn, Sky News …

Government Accused Of ‘Stealth Tax’ Over Flood Home Insurance Levy – Government Plans For A Flood Levy On Home Insurance

Government plans for a ‘flood levy’, which could add up to 10% on home insurance bills, is already facing stiff opposition.

Environment Secretary …

Climate Body Calls For Flood Defence Upgrade – Number Of High-Risk Homes To Double In 20 Years If More Not Spent, Report Says

A further £20m a year needs to be spent on flood defences to keep pace with climate change, according to a new …

Hertfordshire’s Rhiannon Is Set To Make Waves

Talented Hertford sailor Rhiannon Massey has received a financial boost from local company Ashbourne Insurance to help her realise her dream of …

Ashbourne Win At FSB Awards 2012

Independent high street broker Ashbourne Insurance, of Hoddesdon and Cheshunt, has beaten off stiff competition to win the prestigious “Training & Development” …

London Assembly Praises Riot Damages Act Review – Biggs Says Legislation “Crying Out For Reform”

The London Assembly, which oversees Mayor of London Boris Johnson, has welcomed the Home Office announcement that the Riot Damages Act 1886 …

Ashbourne Expands Its Commercial Team

Ashbourne Insurance has appointed a new Commercial Insurance Manager to head up its growing team.

Paul Richardson has recently taken over as Manager …

Sarah’s Entrepreneurial Success

Sarah Smits of independent high street broker Ashbourne Insurance has beaten off stiff competition to win a prestigious “Entrepreneur of the Year …

Greek Contagion Threat To Italian And Spanish Insurers – Spanish And Italian Insurers Most Exposed To A Greek Exit But UK, Barring Aviva, Is ResilientItalian And Spanish Insurers Are Most Exposed To A Greek Exit From The Eurozone, Fitch Said Today.

However, most German and UK insurers, barring Aviva and Allianz, are well-insulated from rising risks in the eurozone periphery.

Fitch said: “Future rating …

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