ITT L&E denies motor portfolio sale rumours.

ITT London & Edinburgh has strongly denied rumours that its motor portfolio is up for sale. Over ...

ITT London & Edinburgh has strongly denied rumours that its motor
portfolio is up for sale.


Over the last month, speculation has intensified that ITT L&E is looking
to divest its struggling personal lines motor account. PB has been told by
several market sources that more than one of the composites has looked at
ITT L&E's motor books. One source said that the account had been offered
to, and subsequently turned down by, a leading motor insurer.


Lloyd Hanks at ITT L&E flatly denied these rumours. He

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