Post Europe: Iranian sanctions

Iran banned

Earlier this year the European Union was the first to proscribe sanctions against Iran specifically including insurance. Vic Wyman reports on the reactions and implications for the European insurance market.

Does Cisco Shipping Company ring a bell? What about Santexlines and Valfajr 8th Shipping Line? Or perhaps Arian Bank is familiar.

If anyone knows of those or of dozens of other specific Iran-linked

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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