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London Market

News and analysis on Lloyd's and the London company market

 

Insurance stocks climb 2.2% after tough weeks

Munich Re shares surge 5.3% after profit surprise in a largely positive week overall for insurance and reinsurance stock

Europe United Kingdom

Nature degradation ‘could cause a 12% loss’ to UK GDP

Three-quarters of the UK has a high level of ecosystem degradation, making it one of the most ‘nature-depleted’ countries in the world

United Kingdom Climate change

Court holds insurer to its true underwriting appetite

High Court’s ruling in Scotbeef v D&S Storage and Lonham Group has implications for the entire market on the application of the Insurance Act

United Kingdom Legal focus

Clarity on mixed injuries from the Supreme Court

UK Supreme Court determines approach to valuing damages where the claimant suffers a mixture of whiplash and non-whiplash injuries 

United Kingdom Casualty

Arch Insurance International names deputy CEO

Insurer promotes chief administration officer Valder to deputy chief executive role

Europe United Kingdom

Legal Focus: Data on the offensive

Recent court decisions demonstrate that clear and robust data analysis, even by non-experts, can have a significant bearing on case outcomes

United Kingdom Legal focus

Travelers and Swiss Re lead insurance stocks down

Insurance stocks suffer another tough week as global equities continue to fall amid inflation fears

Europe North America

PRA paper explains how to adapt climate scenarios for asset classes

Existing ‘off-the-shelf’ scenarios insufficient for testing risks to individual asset types, regulator says

United Kingdom Climate change

Insurance CFOs worried about state of the economy

Most UK and Europe P&C insurers expect moderate growth this year, Moody’s survey finds

Europe United Kingdom

Ship interests succeed in constructive total loss claim

Commercial Court finds for claimants under a war risk policy in relation to a ship detained in Indonesia 

United Kingdom Indonesia

Rough week for insurance stocks as inflation concerns rock equities

Hannover Re and Munich Re are the week's biggest fallers as Insurance Day's selected stocks slump 2.4% on average with only Fairfax gaining in value

Europe North America

Acies launches global construction MGA

Backed by Axa UK, Phoenix Specialty will offer contractors’ all-risk and contractors’ plant and equipment products

United Kingdom Specialty
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