Insurance & Reinsurance

Western (re)insurance markets now losing 10% to new Russian NRC

No case of non-payment of reinsurance indemnity due to sanctions clauses has been reported since the end of 2014. Nevertheless, Russia’s central bank is now attempting to counter these effects with the creation of the NRC. […]

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Insurance & Reinsurance

Lloyd’s promises sanction against Bribery Act failures

Lloyd’s has issued a further reminder to members that it will punish those who ignore the risks posed by the UK Bribery Act 2010. According to law firm CMS Cameron McKenna, there is concern that […]