Did I hear you say shipping business intuition, eh??? The BDI (Baltic Dry Index) despite a steady upwards …“spree” ended the day with four points down at 1,578, which on…
‘Somebody’s Watching Me’: trends in cyber security and data privacy breach suits highlighted by US lawyer Robert Cosgrove at London IUA briefing, By James Brewer Data privacy breach lawsuits in…
A proposal for the Scottish government to recover medical costs for treating asbestos diseases is unequitable, could prove unlawful and would drive up the cost of liability insurance. The plan…
Bad Faith round-up: law firm Wiggin and Dana offers advice to insurers seeking to avoid bad news from US courts By James Brewer London underwriters have been warned that coverage dispute…
The International Underwriting Association has appointed its first apprentice. Tom Hughes will become a full-time employee from next month, strengthening its work supporting London market companies. He will spend his…
IUA TO WORK WITH RISK MANAGERS ON DEVELOPMENT OF NEW INSURANCE PRODUCTS Efforts to boost the development of innovative insurance products in the London Market have received the support of…
Plans are being made by the International Underwriting Association and Lloyd’s Market Association to prepare their members for fundamental changes being made to insurance contract law in the UK. The…
The International Underwriting Association has urged UK insurance regulators to state clearly the prime authority of company boards over individual responsibilities for complying with industry rules. Responding to a consultation…
IUA LAUNCHES NEW INSURANCE PREMIUM TAX INFORMATION SERVICE AS RATES CONTINUE TO RAISE A new insurance premium tax information service is to be launched by the International Underwriting Association as…
Viewers can read herebelow a press comment from IUA chief executive Dave Matcham on the renewal of the Terrorism Risk Insurance Act (TRIA). Dave Matcham, Chief Executive of the International…
Three key priorities have been identified by the International Underwriting Association to boost the London company market in 2015. A new business plan drawn up by the association focuses on…
The International Underwriting Association has appointed a new Programme Director to lead company involvement in the London Market’s modernisation programme. Louise Day will be the IUA’s primary representative across a…
New IUA research underlines international nature of business models The overall intellectual and economic premium total for the London company market in 2013 was £24.276bn, a new report by the…
The London Market must remain vigilant in representing its interests to government and regulators, new research by the International Underwriting Association has found. There is a common belief amongst companies…
More than 40 people participated in the first meeting of a new cyber risk group run by the International Underwriting Association for the London company market. A strong interest in…
Marine insurers face myriad local compliance regulations when providing cover for international cargo operations, Dave Matcham, chief executive of the International Underwriting Association has warned Speaking at the International Union…
At the Back Bar of the historic and internationally known “The Minories Pub”, off Tower Hill, under the rail bridge, the International Underwriting Association’s* Summer Party earlier on this evening…
What does it say on the tin – are lawyers reading the labels in different ways? Marine pre-policy negligence under scrutiny at IUA/AAA briefing, By James Brewer Spanners in the…
The IUA has welcomed the launch of a new regulatory regime for the UK insurance industry, but warned against over-intervention in the commercial market. On 1 April the Financial Services…
Cats that stop ships’ engines from purring: IUA/AAA experts outline a strategy for the fight back against corrosive fuel particles, By James Brewer Tiny particles, often much finer than human…
Opening up of market would help infrastructure projects like 2016 Olympics The success of the Rio 2016 Olympics may be economically linked to reform of the Brazilian…
Finance deficits and a worsening economic outlook have led several governments across Europe to ramp up insurance premium tax rates, new research from the International Underwriting Association has shown. Many…
Two key regulatory developments are high on the International Underwriting Association’s list of priorities for 2013. The association will be tracking various initiatives aimed at converging international regimes for the…
More than £17bn of premium income was written by the company market in London during 2011, a new statistical analysis by the IUA has revealed. And a further £5bn was…
Survey shows overall premium total of more than £22 billion More than £17bn of premium income was written by the company market in London during 2011, a new statistical analysis…