Lloyd’s applauds removal of punitive ‘revenge tax’ on US earnings

Lloyd’s of London has welcomed the removal of Section 899 from President Trump’s (pictured) proposed One Big Beautiful Bill, which would have imposed punitive taxes on Lloyd’s.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Operational Risk

Hold the helm: marine risk needs execution on pricing, piracy and fires, says GIA

9 September 2025 It’s time to set a practical agenda for a softer market facing harder operational risks, argues member of Singapore’s GIA.

Operational Risk

Civil unrest named top risk for maritime operations: Allianz

9 September 2025 Social media are turning local protests into global maritime crises, with insured losses topping $10bn over the past decade.

Operational Risk

From captains to code: how AI is redefining maritime risk and underwriting

8 September 2025 With more maritime cybersecurity incidents linked to AI or software vulnerabilities, insurers, regulators, and shipowners are grappling with new liability and operational challenges.

Lloyd’s market honcho sees lack of cyber penetration as ‘incredible’

Workers’ comp lags again as US commercial lines hold firm year-end

Healthy competition, over supply favour buyers of cyber at 1/1

Canopius taps insider to lead London property treaty business

Beazley rejects latest Zurich bid, says it’s worse than previous offer

Aon launches Bermuda market facility to boost excess casualty offering

US P&C downturn to stretch into mid-year 2026 renewals

Howden builds US cyber practice with fresh team

Lloyd’s applauds removal of punitive ‘revenge tax’ on US earnings

More on this story

Editor's picks

Editor's picks

More articles