Legal & Regulation
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April 23, 2024
Insurance Europe calls for EC to ‘get it right’ on Solvency II
Changes to Europe’s Solvency II regulation at technical level must be “fully aligned” with the intentions of the political agreement…
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April 22, 2024
Rates drive change in AM Best’s London market outlook to positive
Rating agency AM Best says strong pricing is driving underwriting profitability and behind its positive outlook on the London insurance…
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April 19, 2024
Insurers defend Nord Stream’s €400m lawsuit as act of war
Insurers for the Nord Stream gas pipeline damaged by blasts in 2022 have denied coverage in defence of a lawsuit…
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April 18, 2024
Insurers raise concerns over UN-proposed changes to premium tax
The UN Committee of Experts on International Cooperation in Tax Matters has proposed a revision to a UN Model Convention…
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April 18, 2024
India insurers free to change wording in corporate policies
The Insurance Regulatory and Development Authority of India (IRDAI) is to allow general insurers to change the wordings in all…
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April 16, 2024
Fitch shifts state-linked Chinese insurers to negative outlook
Fitch Ratings has affirmed the ratings of seven Chinese insurers but revised the outlooks for six of these seven to…
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April 12, 2024
NFP sues Alliant over real estate group ‘raid’
A unit of US broker NFP Corp has sued rival Alliant Insurance Services for allegedly poaching 19 employees, including real…
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April 11, 2024
Fenchurch law to ‘level playing field’ for policyholders in Singapore
Fenchurch Law, the leading UK law firm that works exclusively for insurance policyholders and brokers, will offer its specialist legal…
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April 5, 2024
Darim keeping on top of constantly changing legislation
Regulation has become an increasingly onerous part of the corporate world and one that carries its own risks – from…
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April 4, 2024
European commercial market to soften in 2025: Fitch
Fitch predicts that the commercial European insurance market will soften next year as competition among insurers mounts to the point…
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April 4, 2024
AIG files action against Dellwood leadership for stealing ‘trade secrets’
AIG has filed an action against a group of former senior executives who left the insurer to launch US excess…
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April 4, 2024
Eiopa consults on reassessment of nat cat risks
The European Insurance and Occupational Pensions Authority (Eiopa) has launched a public consultation on reassessing natural catastrophe risks in the…
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April 4, 2024
Eiopa ready to back PPPs to cope with nat cat risk
Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority (Eiopa), has told chief risk officers at Europe’s leading…
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April 2, 2024
UK insureds slowly winning the war on Covid-BI litigation
As Covid-19 business interruption (BI) insurance claims continue to grind their way through the English Courts, UK businesses are slowly…
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April 2, 2024
DWF expands global risks practice in London
Law firm DWF has expanded its global risks practice in London with the appointment of energy and marine insurance experts…
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April 2, 2024
Judge rules $10bn aircraft leasing dispute to be heard in London
A UK High Court judge has ruled that the $10bn battle between reinsurers and aircraft leasing companies seeking payouts for…
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March 27, 2024
A different look for data protection litigation
On 15 February 2024, the UK Competition Appeal Tribunal (CAT) published its latest judgment in the Dr Liza Lovdahl Gormsen…
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March 25, 2024
Former US insurance commissioner pleads guilty to health insurance fraud
Former Georgia Insurance Commissioner John W. Oxendine has pleaded guilty to conspiracy to commit health care fraud and agreed to…
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March 19, 2024
Stability returning to EMEA insurers’ credit ratings, says AM Best
Credit ratings at European insurers and reinsurers are more stable following strong premium rate increases and a comparatively benign year…
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March 19, 2024
German Cartel Office gives green light to Gothaer-Barmenia merger
The German Federal Cartel Office has approved the planned merger between Cologne-based Gothaer and Barmenia from Wuppertal to create one…