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Combined Insurance appoints managing director

Combined Insurance, the largest underwriting subsidiary of Aon, is appointing Clive Robinson as managing director and senior vice president for European and Pacific operations.

The appointment follows the retirement of John Johnston after 35 years with the company.

Combined Insurance chairman, president and chief executive officer Richard Ravin says: “Clive has gained a reputation as an innovative executive and strategic thinker with a clear vision of how Combined can take advantage of the considerable changes in today&#39s marketplace.”


L&G offers four investment houses&#39 funds for stakeholder

In addition to its own funds Legal & General will offer its stakeholder and retail pension customers funds from four investment houses.L&G will offer a range of funds from Deutsche Asset Management Life & Pensions, JP Morgan Life Assurance, Newton Fund Managers and SG Asset Management.L&G head of retail pensions Randle Williams says: “These companies […]

Chancellor raises inheritance tax threshold

The inheritance tax threshhold has been raised to almost a quarter of a million pounds. The Chancellor of the Exchequer Gordon Brown told the House of Commons this afternoon the new ceiling will be £242,000. Brown says the move means 96 per cent of estates will now be exempt.

Sales boost for NU Healthcare

Private medical insurance business at Norwich Union Healthcare has risen by 15.6 per cent in the last year. The PMI specialist says new business rose to £2.04m last year from £1.77m in 1999. This is the first time the healthcare division of the life office has released results separately from the rest of the group. […]

Norwich Union Investment Funds discounts SRI products

Norwich Union Investment Funds is offering a 1 per cent discount off the 4 per cent initial charge on lump sum investments into any of its six socially responsible funds.Norwich Union &#39s SRI funds include corporate bond, UK growth, absolute growth, global growth, managed and European growth, and carry an annual management charge of 1.5 […]


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