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  • An independent review into accounting problems at RSA's Irish business will this week conclude that the irregularities were isolated, according to a report in The Daily Telegraph
  • TMK hires Amphlett; ArgoGlobal appoints cargo underwriter; Gable suspends shares; MSI's ILS hopes; Nexus moves into marine; XL Catlin hires Asia marine hull leader; Probitas expands casualty team; BP Marsh exits Hyperion stake
  • XL Catlin completes domicile move; AmTrust acquires MGA; Beazley commits to Singapore; CIRC: Insurers are not ATMs; Dima makes appointments; JLT Re buys in Peru; Brit signs SA deal; Berkshire Hathaway departure; South to head Marsh US; Atkin to Amwins; Admin Re partial sale; BHSI enters Australian cyber; Euclid partners with AGCS and Swiss Re; H1 nat cats highest since 2011; Horace Mann set for P&C loss; FCA starts tender process; Suncorp hires
  • The UK's insurance premium tax (IPT) remains one of the lowest in Europe despite the hike introduced by chancellor George Osborne in last week's (8 July) summer budget.
  • With UK regulators becoming increasingly watchful of schemes of arrangement, supporters of the exit mechanism are hoping that a potentially landmark scheme may be an agreeable compromise. We have all the details...
  • The heavy floods that have inundated the UK since December look set to cost insurers £500mn, auditor Deloitte said yesterday (11 February), matching an earlier estimate from rival PwC.
  • Troubled UK general insurer RSA today (9 January) blamed "inappropriate collaboration" between senior executives for accounting irregularities at its Irish division that forced the company to issue a shock profit warning in November.
  • The passage of the Indian insurance bill is set to significantly open up the country's insurance sector, as foreign reinsurers look to establish onshore branches.
  • UK-based (re)insurers are awaiting further clarification on the proposed diverted profits tax, after Chancellor of the Exchequer George Osborne confirmed the so-called "Google tax" would come into force from 1 April.
  • The UK's Prudential Regulation Authority (PRA) has unveiled strict criteria governing the way that general insurers will be required to calculate their technical provisions and internal models under the incoming Solvency II capital regime.