Legal
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The securities watchdog argues that insurance should receive comparable treatment to other financial products.
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The 502-room resort hotel on St. Thomas sustained extensive damage during the September 2017 hurricanes.
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The agency said it would start meetings with senior management at carriers to prepare for the possibility of a no-deal Brexit.
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The executive’s comments follow reports of a post-Brexit access agreement for financial services.
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The UK regulator aims to wrap up the study by the end of next year.
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The changes level the playing field between purely UK-based insurers and those using non-EU affiliates or suppliers to provide services.
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The combined entity will trade as Ince Gordon Dadds LLP, and will be a top 40 UK legal firm.
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Chancellor Philip Hammond made no mention of the Insurance Premium Tax in his address to UK lawmakers.
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The draft rules are designed to stoke economic growth.
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The ruling ends a near-decade-long dispute over a $470mn North Sea claim.
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European cedants are considering dropping Lloyd's reinsurers at 1 January unless the UK is declared Solvency II-equivalent.
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Public company management is forced to spend a disproportionately large time working on regulation, compliance and communicating to investors.
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