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Lockton Market Update - March 2025

Property and casualty insurance market conditions are largely stable at the start of 2025. Warning signs, however, are emerging.Read full report

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Latest news & insights

Lockton, the world’s largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive Risk. Lockton launches Professional and Executive Risk, transforming its global financial lines business

Lockton launches Professional and Executive Risk, transforming its global financial lines business

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Lockton, the world’s largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive Risk.   This ...
Read moreLockton launches Professional and Executive Risk, transforming its global financial lines business

Italy’s new natural catastrophe insurance requirements require prompt action by companies

Effective March 31, all companies in Italy will be required to purchase property insurance coverage for natural disasters. Despite industry efforts to delay, the Italian government has rejected requests for the new regulation to be postponed. Noncompliance with the new requirement may result in sanctions and loss of government incentives. Here’s what businesses need to know.Effective March 31, all companies in Italy will be required to purchase property insurance coverage for natural disasters. Despite industry efforts to delay, the Italian government has rejected requests for the new regulation to be postponed. Noncompliance with the new requirement may result in sanctions and loss of government incentives. Here’s what businesses need to know.

Croatia enhances parental benefits

Croatia recently enhanced government-paid parental benefits by increasing paternity leave and parental leave allowances from 1 March 2025. Croatia recently enhanced government-paid parental benefits by increasing paternity leave and parental leave allowances from 1 March 2025.

Thailand to implement national Employee Welfare Fund

Thailand recently issued regulations to implement the Employee Welfare Fund (“EWF”), which is intended to provide financial support to employees on employment termination or death. The regulations require employers and employees to start making contributions to the EWF from 1 October 2025.Thailand recently issued regulations to implement the Employee Welfare Fund (“EWF”), which is intended to provide financial support to employees on employment termination or death. The regulations require employers and employees to start making contributions to the EWF from 1 October 2025.
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