Legal
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The state-backed flood insurance scheme re-opens for new business after Fema called a halt on 26 December.
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Insurance trade associations slam the decision, which they said ran counter to the wishes of the President and Congress. -
The global broker’s plans follow the opening of a China desk in its Dubai branch earlier this year.
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The National Flood Insurance Program had been set to expire on 21 December.
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The claim is largely unreserved in the London market, sources said.
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The regulatory investigation relates to coverage provided under a group insurance policy issued to the NRA.
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Investigation reveals deliberate under-reserving between 2009 and 2013.
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The Association of British Insurers calls for a speedy decision on the new discount rate.
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Clearance from the Italian regulator marks the final stage of the year-old run-off agreement.
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Perhaps it’s time for the London Market Group to weed out the dinosaurs in EC3.
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The Association of British Insurers accuses Brussels of failing insurance policyholders.
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The regulator’s strategy and competition director puts executives on notice ahead of the roll-out of the tough new SM&CR conduct and governance regime.
