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Regulation Focus - LMP Changes - Modernisation of London market continues.
(From Reinsurance)
With a number of different projects from the London Markets Principles (LMP) programme maturing, the International Underwriting Association (IUA) believes that the 2004 renewal season will mark a significant milestone for the modernisation of the market.
Faster and more efficient processing of claims and premiums could see the market saving up to GBP50m a year, according to the IUA's ...
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