Press Releases

Date Added : 28/03/2017

IUA proposes discount rate reforms

A review of the UK discount rate, used to calculate lump sum compensation payments, must break its current tie to index-linked government bonds, the IUA has stated.
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Date Added : 23/03/2017

London market Single Claims Agreement set to become a reality

Media Release: The development of a Single Claims Agreement Model in the London market, for non-complex claims within an agreed financial threshold, has taken a significant step forward after gaining approval from both the IUA and LMA Boards, followi
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Date Added : 27/02/2017

New professional indemnity insurance exam set for expansion

Media release: A dedicated qualification for professional indemnity practitioners is set to be expanded after a successful first round of examinations.
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Date Added : 13/01/2017

IUA welcomes EU US covered agreement on reinsurance regulation

The announcement of a covered agreement between Europe and the US will greatly enhance international reinsurance regulation, the IUA has stated.
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Date Added : 03/01/2017

IUA identifies London Market Priorities for 2017

Five priorities for the London company market in 2017 have been identified by the IUA.
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Date Added : 30/11/2016

London Insurance Companies Identify Four Brexit Priorities

Media Release: Four detailed priorities from Brexit negotiations have been identified by companies in the London insurance market.
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Date Added : 31/10/2016

IUA group to monitor new technologies

A new London Market group is being established by the IUA to examine the future impact of technology on underwriting.
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Date Added : 20/10/2016

IUA calls for covered agreement to improve international reinsurance regulation

Media Release: Improvements in the efficiency of reinsurance regulation are at risk of being undone if a covered agreement between Europe and the US is not reached, the IUA has warned.
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Date Added : 18/10/2016

London companies record £21.6bn premium income in 2015

Overall premium income for the London company market in 2015 was £21.645bn, a new report by the IUA has revealed.
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Date Added : 06/10/2016

Insurance Act 2015 guidance updated to take account of late payment of claims

The LMA and IUA have published updated editions of their main Guide to the Insurance Act 2015 and Quick Reference Guide for Underwriters, to include the late payment of insurance claims provisions now enacted as part of the Enterprise Act 2016.
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Date Added : 04/08/2016

IUA membership hits highest level for a decade

Two new companies have joined the IUA, increasing the organisation’s membership level to its highest in more than a decade.
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