Trade body Insurance Europe has responded to a consultation being carried out by the European Insurance and Occupational Pensions Authority (Eiopa) on the way infrastructure corporates are identified under Solvency II.
The upcoming 1 June renewals will continue the pattern of persistent rate decreases, albeit at a slower pace, according to JLT Re global head of analytics David Flandro.
Minister for the Cabinet Office and Paymaster General Matt Hancock MP has warned that the UK risks losing the opportunity to secure a stronger regulatory outcome in the insurance industry should it vote to leave the European Union (EU).
Lloyd's syndicate Probitas 1492 has appointed Ernesto Medina as senior underwriter for financial institutions within its casualty team, the company announced yesterday (19 May).
