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The (re)insurance supervisor calls for “skin in the game” from all risk owners to reduce the risk of moral hazard arising from any state backstop.
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The legacy carrier opens for business after a regulatory rubber stamp.
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The BGC-backed aerospace broker makes its first appointment at its French unit from Marsh.
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The template could become a blueprint for a post-Brexit deal with the EU. -
The ACPR edict adds pressure on Scor and Covea.
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Lloyd’s brush with aviation asphyxia highlights how its elaborate ecosystem, including an extensive use of outsourced suppliers, can make it vulnerable to sanctions clampdowns.
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DXC’s Xchanging backs down from rules that appeared to put the kibosh on any placement that had Cuban or Iranian exposure.
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The move comes as a broader range of better performing syndicates are told they can “file and use” 2021 plans.
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The licence makes it the first Shanghai-based reinsurance subsidiary and the first foreign-owned reinsurance subsidiary in China.
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Assessments of how closely UK rules mirror those of the bloc look set to remain mired in politics.
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With insurers’ defences now published, the key arguments that will define the case have been established.
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The office is led by Herman Kerremans and will provide services to the Benelux region.
