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Direct Line soars as insurance deal with Intact overshadows losses

-Shares of Britain s Direct Line soared 18% on Thursday after it agreed to sell its brokered commercial insurance business for 520 million pounds to bolster its capital as it struggles with.

David evansHelen popperAndreas van embdenToro mark crouchJon greenwoodRadhika anilkumarKhushi mandowaraTomasz janowskiIntact financialDirect line

FTSE 100 Ends Subdued Week 0 3% Higher

FTSE 100 Ends Subdued Week 0 3% Higher
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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Hiscox bullish after first-quarter premiums jump

Specialist insurer Hiscox sounded a bullish note on Thursday, after seeing a jump in written premiums during the first quarter.

City ofUnited kingdomAndreas van embdenZaki hussainHiscox retailHiscox london marketPeel huntFirst quarterCategory allCategory company newsCategory news and announcementsCategory headline newsCategory sectorial finance

UK Mutual Firms Need to Prepare For Worsening -2-

Camellia on Thursday reported a swing to pretax loss for 2022 on the back of increased distribution costs and adverse trading conditions and said that performance for 2023 so far has been mixed. - Landore Resources Chairman, CEO to Step Down . | 08:26am

United kingdomCity ofSanjena dadawalaPanmure gordonJason napierAndreas van embdenPunit rajesh pandyaRae maileAshley webbJohn croninHargreaves lansdownMark williamsonAssets under administration boostsPortman finance groupForward partners groupSilicon valley bank

SHARE OF THE WEEK: Investors looking for reassurance from Saga

In the group s full-year results, analysts expect the travel and insurance company to post profits of £20m for 2022.

Andreas van embdenVan embdenPeel hunt

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