London Market
News and analysis on Lloyd's and the London company market
Talanx leads risers as European insurance stocks climb
European insurance groups enjoyed the biggest gains this week, but Lloyd’s stocks were close behind
Fuel leaks and strict liability
Privy Council decision highlights the potential for increased exposure for businesses and their liability insurers in claims involving dangerous substance escapes
UK captives regime will have clear boundaries: PRA
Framework will aim to be ‘clear, transparent and easy to navigate’, regulator’s head of insurance says
PRA takes action on funded reinsurance
Regulators are taking a growing interest in the relationship between private credit and funded reinsurance
Insurance stocks rebound as volatility continues
SiriusPoint shares climb 13.9% as Insurance Day’s basket of stocks rises 4.3% in strong week
What rebuilding nuclear power means for UK insurers
While the next generation of nuclear power offers significant growth opportunities, it also introduces a new generation of risks that require careful calibration of policy wordings, aggregation management and capital deployment
Westfield Specialty launches UK and European liability portfolio
Carrier hires former Everest senior underwriters to lead new product line as it continues to expand European footprint
S&P revises Steamship outlook to negative
Marine mutual reports second straight underwriting deficit amid sharp jump in payouts
Tarrant steps into top job at Shipowners’ Club
London-based marine mutual promotes chief financial officer
Greenlight Re and SiriusPoint lead fallers as insurance stocks slide
Hedge fund reinsurer drops 10% as Bermuda-based re/insurer SiriusPoint falls 9% in torrid week for insurance and reinsurance stocks
Convex launches specialty MGA Kinetic
Kinetic Insurance Services will write complementary portfolio of business and provide access to ‘new and emerging markets’
HDI Global names Hunt UK and Ireland CEO
Hunt was named interim chief executive in February following the departure of former chief executive Stephanie Ogden
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