A Shariah-compliant underwriting agency has been launched in the London market with the financial backing of Capita and the Bank of London & Middle East, and capacity provided by XL.
Lloyd's-based Cobalt Underwriting aims to provide Shariah-compliant insurance and reinsurance products globally. Its initial underwriting focus will be on property cover, with a maximum capacity of up...
The average car insurance premium rose by £35 over the course of just three months last year, with accidental damage blamed as a major driver.
DAC Beachcroft has joined three other insurance law firms to make a global network.
Blockchain technology is a viable option for the London market, a report has found.
Law change could open floodgates to historic claims