Broker liquidity drops 30% during pandemic: FCA
Insurance brokers prudentially regulated by the Financial Conduct...
- Insurance Insider / Article / 10 days ago
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The UK government has yielded to industry lobbying and extended its pandemic-era trade credit insurance backstop into next year...
- Insurance Insider / Article / 18 days ago
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East West Insurance Company collapses into administration
UK insurer East West Insurance Company has been placed into administration, with EY appointed as administrators...
- Insurance Insider / Article / 3 months ago
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East West Insurance Company collapses into administration
UK insurer East West Insurance Company has been placed into administration, with EY appointed as administrators...
- Insurance Insider / Article / 3 months ago
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Carriers in discussions with UK government on trade credit backstop extension
Carriers participating in the trade credit backstop have called on the government to extend the scheme into 2021, Insurance Insider understands...
- Insurance Insider / Article / 4 months ago
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Swiss Re operating subsidiary to swallow CorSo debt in legal restructure
Swiss Re is to streamline its corporate structure into just one directly owned operating subsidiary, which will in turn assume the debt of restructuring primary...
- Insurance Insider / Article / 4 months ago
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Lloyd’s CEO warns over potential impact of W-shaped recovery
Lloyd’s CEO John Neal cautioned Tuesday that the Covid-19 pandemic could still shape up to be the worst ever event for the insurance industry if the global economic...
- Insurance Insider / Article / 4 months ago
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Lloyd’s UK Covid BI impact would be ‘low hundreds of millions’
Lloyd’s is expecting losses in the “low hundreds of millions” of pounds if the outcome of the Financial Conduct Authority’s (FCA) BI test case goes against the (re)insurance industry...
- Insurance Insider / Article / 4 months ago
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Surety insurers evade STA Travel loss due to Atol non-renewal
The surety insurance market is expected to avoid major losses related to the collapse of STA Travel as the policy that covers the Air Travel Organiser’s Licence (Atol) primary...
- Insurance Insider / Article / 5 months ago
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The marine and cargo market is expected to bear the brunt of insurance losses from yesterday’s explosion at Beirut port, with the property direct and facultative (D&F) market seeing limited...
- Insurance Insider / Article / 5 months ago
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