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The industry must address the legacy of “redlining”, the executive says.
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Similar government schemes have been launched in the UK, Germany and France.
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A bill circulating in Congress would make the industry retain the first $250mn of pandemic risk, a proposal that has split industry opinion.
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A presidential ambition to designate Antifa as a terrorist organisation faces hurdles.
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Campaigners say ‘Totus Re’ model based on pools for terror and flood could close protection gap.
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ABI and Atradius welcome nine-month reinsurance scheme.
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The broker says that the industry could help provide resilience against global outbreaks.
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The broker said that delaying the set-up of public-private partnerships would hinder economic recovery.
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The litigants warn the regulator’s case could delay a final decision by months.
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The regulator sets out the process agreed with eight insurers.
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The late July High Court hearing will also involve Arch, Argenta and QBE.
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Handled badly, the pandemic could inspire yet more draconian regulation for the sector
