London Market
News and analysis on Lloyd's and the London company market
Lloyd's stocks struggle as Bermudians climb 3%
Lancashire falls as shares go ex-dividend and Hiscox downgraded by analysts
Commercial Court decides principles of claiming interest in re/insurance disputes
In the recent case of Royal & Sun Alliance v Equitas, the Commercial Court considered in what respects interest might be recovered by insurers under their reinsurances
Mitigation in personal injury claims
Mitigation steps that a claimant is expected to take include seeking timely medical treatment, exploring alternative employment or retraining options, and avoiding incurring disproportionate or unreasonable expenses
Bermudians lead climbers in strong week for insurance stocks
Axis Capital, RenaissanceRe and Markel were this week's top-performing stocks as sector posts strong third-quarter earnings
PRA encourages insurers to innovate
Insurers urged to ‘light the blue touch paper of innovation’
Specialty MGAs Nirvana and Pulse complete merger
Merger brings together a specialty MGA platform with capabilities across media, technology and cyber, accident and health, non-standard life and sports lines
Axa XL promotes Lahrmann to head of international property
In her new role, Lahrmann will be responsible for developing and executing Axa XL’s international property retail business underwriting strategy for the UK and Lloyd’s market
Everest Group shares fall 11% amid US casualty reserve challenges
Insurance Day’s tracked shares fall 1.1% in a mixed week for re/insurers
Insurers must assess exposure as commission models come under fire
The FCA’s probe into motor finance sales practices is sounding alarm bells across financial services and insurers, particularly those with products sold alongside car finance, should act now to assess exposure and strengthen oversight before the spotlight shifts further
Escalating geopolitical tensions drive demand for cyber cover
Growing recognition among organisations that cyber incidents are increasingly originating from nation state actors, survey finds
Insurance stocks in the red as sector underperforms
Marsh McLennan shares drop 7.2% and RenaissanceRe shares fall 6.8%, but Chubb's stock recovers after record Q3 earnings
JLR cyber attack to cost £1.9bn
The attack affected more than 5,000 organisations and was given a category three rating by the UK's Cyber Monitoring Centre
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