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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

United Kingdom Legal focus

RiverStone International promotes Pritchard to UK CEO

Pritchard succeeds Andrew Creed, who will become group president

United Kingdom Legacy

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%

Europe United Kingdom

Topping takes the reins at BP Marsh

Early-staged investor’s founder, Brian Marsh, becomes non-executive chairman with immediate effect

United Kingdom Broker

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

United Kingdom Legal focus
INTERVIEW

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

United Kingdom Marine

Beazley shares stabilise after Q3 results sell-off

2025 outlook revision and Bermuda investment spooked markets as Talanx marches on

United Kingdom North America

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

United Kingdom Terrorism

Former Kentro CEO Thompson launches Sodalis

BP Marsh and Alliant back broker acquisition vehicle

United Kingdom Broker

Dual launches natural capital cover

New cover supports biodiversity restoration in Scotland while giving confidence to credit buyers and helping landowners monetise natural capital

United Kingdom Specialty

Risk managing the UK’s failure to prevent fraud offence

Four ‘foundational’ steps can provide the backbone of a proportionate, risk-based framework

United Kingdom Legal focus

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 

Europe United Kingdom
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