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Regulation

Kennedys opens Madrid office

City law firm Kennedys is opening an office in Madrid on 3 October 2005 by merging with the practice of Araúz de Robles Y Vélez Abogados (ARV), with whom Kennedys has had an association since 2000.

S&P upgrades Moscow Re

Moscow Re has received a rating upgrade from Standard & Poor’s (S&P). The agency announced that it has upgraded Moscow Re’s insurer financial strength rating to ‘A+’ on its Russian scale (up two notches), and to ‘B+’ on its international scale, based on…

Russian reinsurer given rating boost

Moscow Re, has received a rare rating upgrade from Standard & Poor’s. Today the agency announced that it has upgraded Moscow Re’s insurer financial strength rating to ‘A+’ on its Russian scale (up two notches), and to ‘B+’ on its international scale,…

New travel product aims to cut red tape for brokers

AIG Europe has joined forces with independent Lloyd’s broker John Holman and Sons to launch a new travel insurance product available to brokers through an extranet system, which it claims reduces administration while ensuring compliance with Financial…

Brokers warned over client money controls

The financial and insurance consultant Moore Stephens has published a warning to brokers and other intermediaries to check that their systems and controls covering the treatment of client money and meet the regulatory requirements laid down by the…

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