Insurers and brokers wanting to expand in emerging countries are facing a stark choice: break the Bribery Act or walk away from business

• It is difficult to do business in Russia and China without breaking the law, as corruption is so endemic

• The new Bribery Act will mean directors face up to 10 years’ imprisonment if staff are caught in breach of the rules

• It will be a challenge for Lloyd’s to operate strictly within the act when it opens its Moscow office this year

Click on the related file (right) to download a pdf and read more from this week's Insurance Times investigation.