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News - London Market moves closer to certainty.
(From Post Magazine)
The London Market will finally have access to a guidebook on contract certainty this month.
The Lloyd's Market Association, the London Market Insurance Brokers' Committee, and the International Underwriting Association are putting the finishing touches to what will be called the Market Practioner Guide, which is likely to be ready at the end of September.
Financial Services Authority chief executive John Tiner has set a deadline of the end of 2006 for the London Market to achieve contract certainty, before the regulator steps in.
LMBC executive ...
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