The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwi...
EU highlights role of insurance in new carbon removals certification framework
Members of the EU Parliament have adopted a certification framework for carbon removals that underlines the need for insurance mechanisms to...
Members of the EU Parliament have adopted a certification framework for carbon removals that underlines the need for insurance mechanisms to...
Article / 8 days ago
Lloyd's delays Blueprint Two phase one completion
Lloyd's will delay completion of the first phase of its Blueprint Two market modernisation programme from the promised 1 July 2024 go-live date until at least October 2024, The Insurer can reveal....
Lloyd's will delay completion of the first phase of its Blueprint Two market modernisation programme from the promised 1 July 2024 go-live date until at least October 2024, The Insurer can reveal....
Article / 29 days ago
CA commissioner Lara: “Not having insurance is not an option”
California's insurance commissioner Ricardo Lara has said a crossroads moment has come for regulators and the insurance industry to work together...
California's insurance commissioner Ricardo Lara has said a crossroads moment has come for regulators and the insurance industry to work together...
Article / 1 month ago
Premier Burt: 15% CIT removes uncertainty and will benefit Bermuda long term
Bermuda Premier David Burt has said the move to introduce a 15 percent corporate income tax removes uncertainty as well as any association with...
Bermuda Premier David Burt has said the move to introduce a 15 percent corporate income tax removes uncertainty as well as any association with...
Article / 1 month ago
FL legislature passes E&S-related bills but industry rues missed opportunity on litigation statutes
The Florida legislature passed nine bills with insurance ramifications during this year's session, including three that impact surplus lines, however...
The Florida legislature passed nine bills with insurance ramifications during this year's session, including three that impact surplus lines, however...
Article / 1 month ago
City watchdog extends GAP sales pause to cover entire UK market
The Financial Conduct Authority has asked all UK insurers to stop issuing new guaranteed asset protection products in an extension of previous moves...
The Financial Conduct Authority has asked all UK insurers to stop issuing new guaranteed asset protection products in an extension of previous moves...
Article / 2 months ago
Portugal poised to launch public-private quake reinsurance scheme
Portugal is poised to launch a state-backed natural catastrophe reinsurance pool to provide cover for catastrophic earthquake events, with the...
Portugal is poised to launch a state-backed natural catastrophe reinsurance pool to provide cover for catastrophic earthquake events, with the...
Article / 2 months ago
MPs launch probe into success of UK insurance sanctions on Russia
An influential parliamentary committee is to probe how well the UK insurance sector is performing in applying sanctions against Russia as part of...
An influential parliamentary committee is to probe how well the UK insurance sector is performing in applying sanctions against Russia as part of...
Article / 2 months ago
BMA engages PwC to scrutinise R&Q as tricky balancing act continues
PwC is acting for the Bermuda Monetary Authority to assess the adequacy of R&Q’s legacy reserves as the regulator scrutinises the details...
PwC is acting for the Bermuda Monetary Authority to assess the adequacy of R&Q’s legacy reserves as the regulator scrutinises the details...
Article / 2 months ago
Tokio Marine unveils governance reforms following Japanese antitrust probe
Tokio Marine has pledged to strengthen its internal compliance practices, beef up corporate governance and cut specific executive pay as part of a plan submitted to...
Tokio Marine has pledged to strengthen its internal compliance practices, beef up corporate governance and cut specific executive pay as part of a plan submitted to...
Article / 2 months ago