Lloyd’s hails US repeal as win for insurance
Lloyd’s has welcomed the US decision to repeal Section 899 from the reconciliation bill, claiming the move is a boost for international insurers operating in the American market.
Lloyd’s chair Sir Charles Roxburgh praised chancellor Rachel Reeves for her role in coordinating with G7 finance ministers to help secure the change to Section 899, dubbed the “revenge tax” inDonald
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on News
Allianz x Anthropic; Lockton’s data service; CFC's CUO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
First Central moves a step closer to IPO
First Central has confirmed it is moving a step closer to an Initial Public Offering as it is looking to hire corporate advisers.
Agentic AI vision fails to match reality for two-thirds of insurance firms
Two-thirds (65%) of insurance companies admit there is a gap between their agentic artificial intelligence vision and the current reality, according to research by automation platform Camunda.
CII uproots HQ once again
The Chartered Insurance Institute is moving its headquarters and London base for the third time in less than a decade.
How Belfast’s insurance sector is overcoming Brexit blues
As Belfast enters a new year of investment, consolidation and post-Brexit adjustment, Tom Luckham examines how its insurance sector is proving resilient, fast-growing and increasingly strategic for both UK and Irish markets.
EE introduces unlimited gadget insurance policy
EE has launched a gadget insurance policy covering multiple devices in partnership with Chubb.
Storm Goretti sees Crawford’s claims levels triple
Crawford and Company has reported a tripling of its claims frequency in the aftermath of Storm Goretti, which hit the UK last week.
Inflexion acquires Ascend in regional broking push
Private equity firm Inflexion has bought Essex-based broker Ascend, with the two announcing the launch of a new broking platform focussed on the regional broking market.