Pol risk, credit & surety

Just a few months ago, senior Lloyd’s executives including chief commercial officer Vincent Vandendael and general counsel Peter Spires were racing round Brussels in a van scouting out locations for their Brexit hub. There was no radio blaring nor snacking on junk food behind the wheel.

UK cabinet resignations add to expectations that the withdrawal blueprint will fail to garner sufficient domestic support.

The regulator wants to introduce a flat fee for Part VII transfers.

The chairman expects to expand, rather than merely safeguard, EEA premium through its new Brussels platform.

Carnegie-Brown says the platform is already processing European risks.

The Virginia carrier’s Brexit planning progresses following the authorisation in July of its Munich company.

The facility will offer $100mn of cover.

Claims in Venezuela and Turkey hit carriers.

The Corporation claims FCA support for its decision to risk the wrath of EEA regulators.

The line increase comes after the carrier bolstered its political violence capacity last month.

Oxford Analytica research conducted on behalf of the broker finds close to half the companies surveyed had sustained a loss of more than $100mn.

The Channel Syndicate provides capacity to underwrite the SME invoice protection product.