P524ORACLE 524 Mon 6 Jan C4 1712:05   GENERAL ACCIDENT  IN £100m BUY Britain's biggest motgr insurer General Accident is paying $143.6m (£100m) fgr the Ontarig, Canada-based Pilgt Insurance,also a motgr lines speciali1t The purchase is being funded by the issue 14.3m new shares to the US Reliance Financial Services Corp, who took contrgl of Pilgt in 1982. GA say the firm, 72% of whose business is in motor lines and 28% in prgpert8, will continue to operate independently under the existing management.  City headlines 500 New1file 520  * HAVE A HOLIDAY * 580