Legal

The changes level the playing field between purely UK-based insurers and those using non-EU affiliates or suppliers to provide services.

The combined entity will trade as Ince Gordon Dadds LLP, and will be a top 40 UK legal firm.

Chancellor Philip Hammond made no mention of the Insurance Premium Tax in his address to UK lawmakers.

The draft rules are designed to stoke economic growth.

The ruling ends a near-decade-long dispute over a $470mn North Sea claim.

European cedants are considering dropping Lloyd's reinsurers at 1 January unless the UK is declared Solvency II-equivalent.

Public company management is forced to spend a disproportionately large time working on regulation, compliance and communicating to investors.

Pressure on the IASB increases for reprieve from the complex new accounting standard.

The target has set aside up to £100mn to retain talent after a takeover.

Three auditors previously responsible for auditing the financial reporting of AmTrust Financial have been suspended by the Securities and Exchange Committee (SEC).

Hiscox has won a $1.8mn judgment against a former employee who reportedly used company funds to buy luxury watches.

The insurer is suing Kim Kardashian West’s former bodyguard for negligence and breach of contact.