Keep up to date with the latest insurance news in our weekly round-up…

 

Businesses urge Johnson to secure trade deals

Business groups have urged Boris Johnson to begin work negotiating the terms of the UK’s future relationship with the EU after Brexit.

Beijing silent on US reports of China trade deal

Reports that the US and China have reached an initial trade deal were met with silence in Beijing where officials declined to confirm whether an agreement had been made.

IFRS 17 updates account for wider range of reinsurance contracts

The International Accounting Standards Board has agreed to significantly broaden its definition of reinsurance contracts in new amendments to the International Financial Reporting Standard 17.

Life insurance firm DeadHappy’s ad banned for ‘trivialising suicide’

A life insurance advert has been banned by the advertising watchdog for appearing to trivialise suicide.

Elite Insurance goes into administration

The Gibraltar-based Elite Insurance Company has been placed in administration and is no longer paying claims, according to the Financial Services Compensation Scheme.

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