Legal & Regulation
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December 10, 2021
Woolworth sues German state over Covid restrictions
Retailer Woolworth has filed a complaint in a German regional court over recently imposed Covid restrictions, arguing that the measures…
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December 10, 2021
New EC plan promises to address Solvency II proportionality for mutuals
The Association of Mutual Insurers and Insurance Cooperatives in Europe (AMICE) has welcomed the EC’s new social economy action plan,…
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December 10, 2021
Fitch improves outlook for QBE group to stable
Fitch Ratings has revised the outlook on all ratings for Australian insurance giant QBE and its subsidiaries to stable from…
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December 7, 2021
Italy’s Supreme Court rules coffee breaks away from office not covered by corporate insurance
The Supreme Court of Italy (Cassazione) has ruled that workers who suffer an accident when temporarily stepping out of the…
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December 3, 2021
EU plans pan-European export credit facility
The EU has revealed that it is looking into the creation of a pan-European export credit insurance facility to supplement…
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December 3, 2021
Dutch insurers welcome clarity from EC on sustainable investment
The Dutch Insurance Association (Verbond van Verzekeraars) has welcomed the latest moves by the European Commission (EC) to significantly update…
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December 2, 2021
Leading Latin America reinsurance specialist joins HFW as consultant
Margo Black has joined law firm HFW’s Latin America insurance and reinsurance practice as a consultant. Black is one of…
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December 2, 2021
Outlook improves for London market, UK deteriorating, says Fitch
The outlook for the London insurance market sector is improving on the back of rate rises, according to Fitch Ratings,…
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December 2, 2021
Convex Europe’s UK branch receives regulatory approval to write EEA risks from London
Specialty (re)insurer Convex Group has been given the regulatory green light for a UK branch of Convex Europe SA (CES),…
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November 30, 2021
Convex subsidiaries get US reciprocal jurisdiction reinsurer status
Two subsidiaries of specialty insurer and reinsurer Convex Group, Convex Insurance UK Limited (CIL) and Convex Reinsurance Limited (CRL), have…
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November 26, 2021
UK SMEs trust in insurers grows after Covid-19 BI legal case
Some 21.6% of UK SMEs believe the Financial Conduct Authority (FCA)-led court case and ruling on Covid-19 business interruption (BI)…
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November 24, 2021
Marsh McLennan says UK resilience review should increase role for risk managers
Public-private partnerships are “back on the table” in the UK after a string of recent crises have created a “pivotal…
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November 22, 2021
UK watchdog gives Gallagher’s Willis Re acquisition the green light
The UK’s Competition and Markets Authority (CMA) has ended its probe into A J Gallagher’s takeover of Willis Re’s treaty…
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November 22, 2021
Ghana regulator steps up pressure on insurers
Ghana’s National Insurance Commission (NIC) has committed to ensuring that all insurers meet new minimum capital requirements by a 31…
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November 17, 2021
Denmark’s ARK Law becomes 14th European member of global insurance law network
Danish firm ARK Law has joined the Global Insurance Law Connect (GILC) alliance, which aims to boost service for corporates…
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November 16, 2021
Clyde & Co launches AI casualty claims platform
Global law firm Clyde & Co has launched a new platform using AI technology to speed up casualty claims and…
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November 16, 2021
UK Supreme Court provides good news for corporates in Google case
Last week, the UK Supreme Court gave its judgment in Lloyd v Google LLC, a case that could have paved…
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November 15, 2021
LIIBA urges regulators to relax rules to help insurance industry address climate change risks
The London & International Insurance Brokers Association (LIIBA) has urged insurance regulators to relax underwriting data requirements, if they want…
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November 11, 2021
Lawyers agree UK Supreme Court Google ruling a huge bonus for insurers
Leading London law firms agree that insurers can breathe a big sigh of relief following the Supreme Court ruling this…
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November 10, 2021
Insurers off hook as Supreme Court rejects £3bn Google claim
The UK Supreme Court has rejected a class action brought against Google that accused it of breaching its duties as…