Viewers can find below a comment from the International Underwriting Association welcoming the publication of the UK Government’s policy paper on a ‘new approach to ensure regulators and regulation support…
The IUA has welcomed a decision not to change rules around the publication of regulatory investigations before they reach their conclusion. Under proposals previously announced by the Financial Conduct Authority…
by John Faraclas The best ever global social event of its kind over the last 40 years in the British capital – the administrative capital of Shipping, was by far,…
A new London Market committee for construction and engineering claims professionals has been established by the International Underwriting Association (IUA). The group will meet regularly providing a formal discussion forum…
Cyber business interruption risks should receive the same level of attention as that given to information technology security controls and ransomware threats, a new report by the International Underwriting Association…
The International Underwriting Association is reviewing its core services for London insurers to address the changing nature of risk transfer. In its 2025 business plan the organisation has announced plans…
A new guide has been published by the International Underwriting Association (IUA) to help insurers navigate money handling requirements in the European Union. Across the continent insurers face varying approaches…
The International Underwriting Association has welcomed the announcement of a new Personal Injury Discount Rate for England and Wales. The rate is used by courts to calculate lump sum compensation…
Premiums up by 25% over past year Treaty reinsurance written in the London company market grew by almost one-third in 2023, new figures from the International Underwriting Association (IUA) have…
The International Underwriting Association has welcomed a review of Consumer Duty regulation announced by the Financial Conduct Authority. The regulator is seeking feedback on plans to streamline burdens the rules…
Three more companies have joined the International Underwriting Association (IUA). The organisation has announced a continued expansion reflecting the robust health of a London company market that has seen premiums…
London Market insurers will play a vital role in the development of new advanced air mobility technologies over the next few years, the International Underwriting Association has stated. The organisation…
The London company market’s senior committee for discussing issues of re/insurance regulation is under new leadership. Matthew Dumbrell, General Counsel for the UK branch of Generali has been appointed Chair…
Details of a dedicated company market support programme for the adoption of new digital processing services in the London Market have been published by the International Underwriting Association. Last week…
A new London Market committee has been established by the International Underwriting Association (IUA) to review progress on the adoption of new digital services. Under the Blueprint Two programme a…
The International Underwriting Association has welcomed a decision not to push ahead with a proposed change in the Financial Services Compensation Scheme (FSCS). Under plans to increase the scope of…
The Board of the International Underwriting Association is to be strengthened with the addition of another senior London Market figure to its ranks. Luis Prato is President of UK &…
The IUA has strongly opposed plans to publish details of future regulatory investigations before they reach their conclusion. Under proposals announced by the Financial Conduct Authority details of ongoing enquiries…
Complex compliance, tax and coverage issues surrounding the purchase of directors and officers liability cover by multinational companies are addressed in a new guide published by the International Underwriting Association…
Distinguished members, friends, representatives of organizations, and esteemed supporters came together to celebrate the 30th anniversary of WISTA Hellas. Together, they lit the candles alongside the past Presidents in a…
Claire McDonald, Member of the Executive Board for HDI Global SE, has been elected as the new Chair of the International Underwriting Association (IUA). She replaces Phil Hobbs, President…
Operational efficiency is the number one business challenge for companies in the London insurance market, a new survey of technology trends has revealed. If this can be achieved through a…
Supply chain risks have been identified as an increasingly important issue within the cyber insurance market in a new report published by the International Underwriting Association (IUA). A whitepaper, jointly…
Total premium income for the London company market in 2022 was £44.071bn, a new report by the International Underwriting Association (IUA) has revealed. The figure represents an increase of around…
Two new London Market model clauses have been published by the International Underwriting Association to help insurers, brokers and clients deal with claims preparation costs. Such costs can be paid…