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The U.K. House of Lords’ Industry and Regulators Committee has initiated an inquiry into the country’s commercial insurance and reinsurance regulations to assess how they affect competitiveness of the London market, Artemis reported. The committee has called industry participants, organizations and other interested parties to share their take on the regulation’s framework and application, and any possible optimization of the policy in the post-Brexit market.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms