Saudi Arabia: Advisory council raises proposals for improvements in insurance sector

Published on July 17, 2025
The Consultative Assembly of Saudi Arabia is requesting the Insurance Authority (IA) to study the possibility of amending the system for filing insurance claims for minor accidents, allowing drivers
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Coface receives “in principle approval” to establish short term trade credit syndicate at Lloyd’s

July 16, 2025
Trade Credit insurer Coface has received “in principle approval” from the Lloyd’s marketplace to establish Syndicate 2546, a new short term trade credit syndicate, which will be managed by Apollo Syndicate Management.Coface Lloyd’s Syndicate 2546 is expected to begin underwriting in 2025 and enables the trade credit insurer to provide AA- rated solutions to better serve the needs of selected segme

LMA welcomes UK Gov’s financial services strategy, says Arabella Ramage

July 17, 2025
The Lloyd’s Market Association (LMA) welcomes the UK Government’s Financial Services Growth and Competitiveness Strategy, which recognises the insurance sector’s importance, specifically the role of Lloyd’s of London, according to Arabella Ramage, Legal and Regulatory Director at LMA.The Strategy sets out the government’s ten-year plan to enable the UK to be the global location of choice for finan