Legal
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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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Pressure on the IASB increases for reprieve from the complex new accounting standard.
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The target has set aside up to £100mn to retain talent after a takeover.
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Three auditors previously responsible for auditing the financial reporting of AmTrust Financial have been suspended by the Securities and Exchange Committee (SEC).
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Hiscox has won a $1.8mn judgment against a former employee who reportedly used company funds to buy luxury watches.
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The insurer is suing Kim Kardashian West’s former bodyguard for negligence and breach of contact.
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Over-zealous regulation raises the risk that companies will simply withdraw, reducing customer choice and the provision of vital services.
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The ease with which clients can change brokers or go direct to the writers of risk will be among other considerations for anti-trust regulators.
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Rates were being quoted flat to up 10 percent for 1 October as the Lloyd’s performance drive spurs action from carriers
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The FCA and the UK competition regulator launch a two-front attack.
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Paramount’s growth dropped this year and its combined ratio deteriorated.
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Alleghany’s RSUI and Berkley’s Admiral denied claims from a Penn State fraternity.
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Daily Digest: Top news from 1 August
01 August 2025