Legal
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An entrepreneur running an escape room business wins the sum after media intervention. -
The $7.5bn bid requires more certainty of value and a higher cash consideration, according to CoreLogic's CEO.
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The CEO says an examination of the unlimited guarantee could result in a split of conventional cover from events such as biological or nuclear attacks.
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Some had argued that the definition of occurrence used by judges could make it harder for insurers to aggregate treaty claims.
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The government releases further detail about the new claims portal for low-value road traffic accidents.
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Allianz, IAG, Chubb and Swiss Re Corporate Solutions have filed pleadings in the Federal Court.
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Changes to the matching adjustment and risk margin would unleash funds that could be invested in renewables, the organisation says.
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The organisation charts record progress in meeting its seven key principles.
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The ratings agency downplays concerns centered on probable UK changes to the risk margin.
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The decision removes the risk of a “cliff edge” when temporary leeway according in the Brexit trade deal expires later this year.
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The central bank governor says Brussels is wrong to insist UK rules shouldn’t change independently of the EU.
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The broker association’s CEO says Brexit speaks to the need for a lighter rulebook.
