Global wholesale and specialty broker Ed has received the greenlight from the Bermuda Monetary Authority to begin trading from its new hub in Hamilton, Bermuda.
Marsh property terrorism placement and advisory leader Tarique Nageer has testified on Capitol Hill highlighting the importance of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is due to expire at the end of next year.
The US House of Representatives financial services committee has passed a measure that would extend the National Flood Insurance Program (NFIP) for five years.
Chubb has rounded on the growing “cohort of lawyers” who benefit from the surge in securities class action lawsuits by reaping a disproportionate share of settlement dollars, as it called for meaningful reform to fix a “broken system”.
The US House of Representatives has passed disaster relief legislation that includes an extension of the National Flood Insurance Program (NFIP) authorisation to September 30, with the bill now heading to President Donald Trump’s desk.
The UK’s HM Revenue & Customs (HMRC) has called on the domestic insurance industry to submit evidence determining whether Insurance Premium Tax (IPT) operates “in a fair and efficient way.”