Legal

Be warned brokers, if you’re not already electronically placing business in London, you’ll have to be by next summer – or face having your Lloyd’s licence taken away.

Homeowners in the state pay more than 9 cents on the dollar of claims for legal costs, three times the amount nationwide, according to a report.

The West of England is imposing a general increase on members at the 20 February renewal, the first time in three years an International Group club will do so.

The speedy outcome of bilateral negotiations leading to the US/UK covered agreement is an encouraging sign for the UK (re)insurance sector.

The supervision of UK consumer redress firms will transfer to the conduct regulator in April.

A new regulatory framework could allow some carriers to hold less excess capital.

If you are reading this from the UK or Europe, it is likely that your political attention the last few weeks has homed-in on certain rumblings in that peculiar part of central London where reality recently seems to have become a relative concept.

California commissioner calls on insurers to waive paperwork requirements.

And so, the Lloyd’s market can finally draw a line under what has been a gruelling few months of performance review and forward planning.

The EEA hub will be led by former Fortis executive Dirk Billemon.

Parades of partners filing out of the Big Four accountancy firms after inappropriate behaviour, a visionary retailer whose signature greeting is a hug if you’re lucky – or a gentle nibble on the ear lobe if you’re not, an even bigger rag-trade titan named in the UK parliament.

Regulatory approval for the $80.5mn deal is expected early next year.