Two senior Republicans have called on the Trump administration to commit to repealing the Foreign Account Tax Compliance Act (Fatca) as they announce plans to overturn the legislation.

The International Energy Agency has forecast that global demand growth will weaken for a second consecutive year, as non-OPEC output continues to climb, putting the pressure on oil prices.

China’s insurance regulator is looking to tighten its grip on the industry as one of its top officials faces a corruption inquiry into a wave of blockbuster global deals that are raising concerns about financial risk in the world’s second-largest economy.

This week, Brexit was the main media topic as Article 50 was invoked by the UK Prime Minister.

In setting the scene in his opening keynote presentation – Of Trumps, Tiaras and Tantrums - to the recent Insurance Investment Exchange seminar on 7 March, Bob Swarup, principal at Camdor Global Advisors, highlighted the “disconnect between the business pages and the front pages”

Within hours of Prime Minister Theresa May signing the long awaited letter giving notice of the United Kingdom’s intention to leave the European Union, Lloyd’s of London confirmed it will be setting up a new European hub in Brussels.