GRM Legal & Regulation
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Lloyd’s syndicates keen to tap Indian opportunity, says local lawyer
Lloyd’s syndicates are not wasting their time as they prepare to enter the Indian insurance market following regulatory approval given…
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AIG to set up European subsidiary in Luxembourg to serve clients post Brexit
AIG plans to set up an insurance company in Luxembourg to access the European Economic Area (EEA) and Switzerland post…
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Activities-based approach to IAIS’ systemic risk assessment
The International Association of Insurance Supervisors (IAIS) is to develop an activities-based approach to systemic risk assessment in the insurance…
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Decree on Dutch insurance premium tax issued
A new decree on insurance premium tax (IPT) in the Netherlands has been issued, clarifying and changing certain aspects of…
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Greek authorities clarify IPT rules
Greek authorities have published clarifications of the rules concerning Greek insurance premium tax (IPT), according to FiscalReps. The new Independent…
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Chinese regulator warns insurers against “risky behaviour”
The Chinese insurance regulator has said that it would not allow the insurance sector to become a “club of the…
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NAIC slams EU-US covered agreement and calls for renegotiation
The US National Association of Insurance Commissioners (NAIC) has said it is concerned “with the disparate treatment some EU jurisdictions…
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New tax and compliance tool from Axco/Impendulo partnership
Axco Insurance Information Services has formed a new partnership with Impendulo, specialists in insurance premium tax (IPT) compliance, with the…
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Insurance Europe voices concerns over Common Corporate Tax Base proposals
Insurance Europe has published a position paper on the European Commission’s (EC) proposals for a Common Corporate Tax Base (CCTB)…
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Trump and US sanctions – managing the risk
US trade and economic sanctions are tools to address national security, foreign policy and economic threats. For the past several…
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International Association of Insurance Supervisors names new secretary general
The International Association of Insurance Supervisors (IAIS) has appointed Jonathan Dixon as secretary general. He will join the secretariat on…
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EIOPA publishes decision on collaboration of insurance supervisory authorities
The European Insurance and Occupational Pensions Authority (EIOPA) has published a decision on the collaboration of insurance supervisory authorities from…
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Climate change could soon impact D&O cover – Clyde & Co
Underwriters need to start asking searching questions about how businesses are responding to climate change, according to law firm Clyde…
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New head of insurance for law firm RPC
Simon Laird has been appointed as head of insurance at law firm RPC. The previous head, James Miller, was recently…
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UK unprepared for Brexit impact on environmental law
The UK is totally unprepared for the potential impact of Brexit on environmental legislation, with a huge volume of EU…
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Rims publishes guide to reservation of rights
Rims has produced a guide for risk managers on dealing with reservation of rights letters from insurers. The report, A…
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IAIS report sees well-functioning and stable insurance sector in difficult environment
The insurance sector has remained well-functioning and stable but operates in an increasingly difficult macroeconomic and financial environment, according to…
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Clyde & Co expands US team and opens new offices
International law firm Clyde & Co has opened new offices in Chicago and Washington, DC, and has hired a ten-partner…
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Solvency II’s excessive conservatism risks harming consumers – Insurance Europe
Policymakers need to take action to make the Solvency II framework more reflective of reality, according to Insurance Europe, the…
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Insurers finding ways to maintain French service post-Brexit
Lloyd’s and other London-based corporate insurers are confident that Brexit will not alter the market’s ability to provide cover for…
