The Treasury Committee has criticised the Financial Conduct Authority (FCA) for not addressing the failings identified by Clifford Chance partner Simon Davis in his report into a market leak last year.
Insurance giant RSA has launched an alternative business structure (ABS) to take its first steps into the legal market, teaming up with Parabis to obtain a licence.
North West insurance firm Keoghs has reported a 19 per cent drop in its net profit for the 2013/14 financial year, coupled with a 4 per cent decline in turnover.
Covington & Burling is set to open an office in Los Angeles next week (9 March 2015) with a 15-strong lawyer team including two senior lateral hires from Pillsbury and O’Melveny & Myers.
Lloyd’s of London underwriter Marketform has appointed Alastair McKay as its new general counsel.
DAC Beachcroft (DACB) Claims Limited chief executive Bill Paton is set to exit the firm at the end of March to join insurer RSA as UK and Western Europe claims director on 1 May.
Shearman & Sterling, Slaughter and May and Sullivan & Cromwell (S&C) have played key advisory roles on today’s (17 February) £1.22bn takeover bid by Fairfax Financial Holdings for insurance company Brit.
RPC has hired Towers Watson risk consulting and software chief Rory O’Brien to launch a management consultancy business, which will trade as RPC Consulting.
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Significant changes have been made to the legislation relating to the insurance market.
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Navigating the renewals maze for PII has only got harder. We provide a guide to the sector’s underwriters while brokers advise on the best line of action