(Re)insurers have been given some clarity on the scope of the UK's diverted profits tax after the 2015 Finance Bill was published on 24 March, industry experts have said.
Lufthansa's captive insurer Delvag and all-risk policy leader Allianz have set the total reserve for the Germanwings aircraft loss at $300mn, The Insurance Insider understands.
Cyber pioneer Simon Milner has joined (re)insurance broker Miller, where he will assume a production and broking role within its cyber and technology division, the firm said today (26 March).
