Sompo to pull cover for fossil fuels but accused of being too tame
Japanese insurance giant Sompo Holdings has today announced that it will no longer underwrite new and existing coal-fired power plants…
Russia set to bring in law to confiscate multinationals’ operations
Russia is moving ahead with a law that would allow it to take control of local businesses owned by western…
UK launches second probe into Google’s ad dominance
The UK has launched a second investigation into Google’s dominant web advertising position over concerns the company favours its services…
Resurgent US MGA market is here to stay, says Aon report
The current market for controlled distribution through managing general agents (MGAs) is not part of a cyclical phase and has…
Apollo places cover for Europe’s first zero-occupancy autonomous journey
Apollo has placed the first insurance cover for a self-driving vehicle journey without a driver or passengers on the open…
Reinsurers performed well in 2021 but appetite constrained this year says Aon
The reinsurance market absorbed significant volatility during the last five years and emerged with its capital base and ratings largely…
LMG calls for London market reforms to have ‘teeth’
The LMG is calling for the UK government’s recently announced Financial Services and Markets Bill, which in part aims to…
Insurance premium tax updates and deadlines from TMF Group
TMF Group has provided the latest insurance premium tax (IPT) updates and alerts from around the globe, together with upcoming…
