London Market
News and analysis on Lloyd's and the London company market
UK councils risk costly legal minefields in upcoming restructures
Historic liabilities, if not properly mapped, could become one of the most expensive hidden pitfalls of the entire shake-up
RiverStone International promotes Pritchard to UK CEO
Pritchard succeeds Andrew Creed, who will become group president
Beazley continues to fall as Lloyd’s stocks tumble
Poor week for re/insurance stocks sees Lloyd’s sub-group fall 2.3% and European insurance majors drop 1.8%
Topping takes the reins at BP Marsh
Early-staged investor’s founder, Brian Marsh, becomes non-executive chairman with immediate effect
A well-structured cyber policy is an essential component of operational resilience
Recent high-profile incidents have shown the financial profile of a major cyber event can look much more like a catastrophe scenario than a routine operational loss and cyber wordings are maturing quickly in response
NorthStandard rate hike intended to bring P&I into balance with other lines
Much-improved claims picture at second-largest club, with strategy likely to centre of organic growth, senior executives say
Beazley shares stabilise after Q3 results sell-off
2025 outlook revision and Bermuda investment spooked markets as Talanx marches on
Pool Re targets SME return to terrorism cover
Redesigned reinsurance scheme has seen more than £500m of terrorism risk returned to the private market in 2025, Pool Re chief executive says
Former Kentro CEO Thompson launches Sodalis
BP Marsh and Alliant back broker acquisition vehicle
Dual launches natural capital cover
New cover supports biodiversity restoration in Scotland while giving confidence to credit buyers and helping landowners monetise natural capital
Risk managing the UK’s failure to prevent fraud offence
Four ‘foundational’ steps can provide the backbone of a proportionate, risk-based framework
Swiss Re and Aviva lead fallers as insurance stocks tumble
Fairfax Financial was the only stock to rise this week, as global stock markets tumbled amid fears of an AI bubble
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