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  • A group of more than 250 companies and organisations across a range of US industries, representing a who's who of major US property owners and business operators, have signed a letter to the US Congress calling for the swift reauthorisation of the Terrorism Risk Insurance Act (Tria).
  • The UK's Financial Conduct Authority (FCA) today (8 April) appointed Simon Davis, a partner at law firm Clifford Chance, to lead an independent inquiry into the regulator's mishandled announcement of an industry probe that triggered a slump in life insurance stocks
  • Barbican has appointed Tim Mackenzie as an underwriter in its international casualty reinsurance team, effective immediately, the company announced today (8 April)
  • Record capacity and accelerating rate softening in the upstream market could cause buyers to switch to unestablished leaders offering better terms, according to Willis' latest Energy Market Review
  • Atrium's war aviation and non-war aviation teams have resigned six months after Enstar completed its $158mn acquisition of the Lloyd's carrier, The Insurance Insider can reveal
  • In a move that speciality insurer HCC will hope marks the end of a long-running battle, the UK Court of Appeal has quashed an earlier ruling, potentially limiting the scope of liability under a professional indemnity policy
  • Swiss engineering (re)insurer Infrassure has taken its long-running reinsurance dispute with Allianz to the Supreme Court in Switzerland
  • London broker run-off specialist takes Broker Direct's London wholesaler, The Insurance Insider can reveal...
  • The insurance industry has aired its frustration with the performance of new UK regulators the PRA and the FCA just one year after their formation, according to a survey conducted by law firm Berwin Leighton Paisner
  • The combined projected budgets for the FCA and the PRA have again exceeded the final budget of their predecessor the FSA, according to official figures