Legal & Regulation
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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…
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March 15, 2024
German insurers question ‘high risk’ insurance under AI Act
The German insurance association (GDV) has reiterated its criticism of the decision to include life and health insurance within the…
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March 13, 2024
Nord Stream sues pipeline insurers for $403m over 2022 explosion
The operator of the Nord Stream gas pipeline is suing its insurers for more than €403m in the UK’s High…
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March 13, 2024
AI regulation to shake up liability insurance
Developments in artificial intelligence (AI) and related regulation will require an overhaul of liability insurance policies and the creation of…
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March 8, 2024
UK seeks 15-year director ban against Lex Greensill
Lex Greensill, the Australian founder of failed supply chain finance firm Greensill Capital, has been served disqualification proceedings seeking to…
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March 8, 2024
Compulsory cat cover back on agenda for German state ministers
The German Conference of Federal State Prime Ministers, the committee formed by the 16 German states to coordinate policy, has…
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February 27, 2024
German insurers demand new traffic rules if cannabis legalised
German insurers are calling on the federal government to create clear rules for road traffic as quickly as possible if…
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February 21, 2024
Google’s $350m settlement raises questions over D&O and cyber cover
The recent $350m preliminary settlement of two securities class actions in the US from a cyber incident involving the now…
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February 16, 2024
IAIS publishes updated register of Internationally Active Insurance Groups
The International Association of Insurance Supervisors (IAIS) has published its updated register of Internationally Active Insurance Groups (IAIGs) as disclosed…
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February 14, 2024
Sompo International gets insurance licence in France
Sompo International has been granted a licence to write primary insurance in France as it continues to expand across continental…
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February 13, 2024
Covid BI litigation slowly favouring policyholders but key questions remain
Policyholders continue to make progress in their fight to recover Covid-19 business interruption losses from insurers, although the settlement of…
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February 6, 2024
UK brokers call for zero tax on cyber premiums
The British Insurance Brokers’ Association (BIBA) has called for cyber insurance to be exempt from Insurance Premium Tax (IPT) ahead…
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February 5, 2024
Zurich sets out counterclaim in Greensill Bank litigation
Zurich Insurance told a London court that it denied trade credit insurance payments to Greensill Bank, the German banking subsidiary…