Insurance Age

Brokers and underwriters in the London insurance market ..

Brokers and underwriters in the London insurance market should expect to receive a questionnaire from the European Commission, which last June decided to launch an inquiry into the business insurance market across the EU under its competition rules. "The questionnaires are likely to be wide ranging and the response time will only be four to six weeks," commented John Milligan, a partner at Clyde & Co. "Fines could be imposed on those that fail to respond. More seriously, this investigation c