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Path cleared for EU-US deal on reinsurance

EU countries have called on the European Commission to open talks with the US on agreeing a deal on reinsurance. 23 Apr 2015

Lloyd's of London 'in talks with regulators' to open Malaysian Islamic insurance office

Lloyd's, the insurance marketplace based in the City of London, is in talks with market regulators in Malaysia to set up an office dedicated to 'takaful', the Islamic equivalent of insurance, according to press reports. 21 Apr 2015

Out-Law Guides

UK insurance fraud taskforce to investigate 'drivers' of fraudulent claims

Insurance industry representatives will seek to challenge the perception by some customers that insurance is "fair game" for fraud as part of a UK government-commissioned programme of work to investigate ways to reduce insurance fraud. 24 Mar 2015

Terrorism risk insurance 'backstop' to run until 2020 following US Senate reauthorisation

Legal provisions limiting insurers' liability for damage in the event of a terrorist incident will be extended until the end of 2020 after US lawmakers pushed through provisions that had been left to lapse over the Christmas period. 13 Jan 2015

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