March 2004/6

Transport and logistics mutual TT Club harbours hopes of regaining its A- rating after reporting strong 2003 results and a positive trading outlook last Wednesday (25 March).

Australasian general insurer Promina announced last Thursday (25 March) its first set of annual results since being spun off from Royal & Sun Alliance (R&SA) in an IPO last May.

Reports from the US suggest that hopes for meaningful reform to the asbestos litigation system may be alive and kicking, with a new bill based on proposals tabled last year to be put to the floor on 19 April.