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London Market

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

 

RenRe shares fall 7.5% as insurance stocks edge up

Bermudians RenaissanceRe and Everest Group posts largest falls this week, as Munich Re leads risers

Europe United Kingdom

A roadmap for insurers preparing for ECCTA compliance

Complying with the UK’s upcoming Economic Crime and Corporate Transparency Act requires a focus on leadership commitment, risk assessments, fraud prevention and due diligence

United Kingdom Legal focus

Can the UK capture captives?

The UK government is consulting on the creation of a new captives regime. London has many advantages when it comes to captive formation, but some argue Brexit could make the UK a less attractive jurisdiction

United Kingdom London

Balancing profitability and sustainability in business interruption claims

There is tension between what is profitable and what is sustainable when it comes to business interruption claims – but there are steps the insurance industry can take

United Kingdom Property

The privatisation of justice?

The civil justice system is unlikely to see any new money from the new Labour government

United Kingdom Legal focus

Lloyd's stocks recover amid limited wildfire loss expectation

Beazley shares climb 5.7% and Hiscox gains 3.8% in positive week for insurance and reinsurance stocks

North America Europe

NorthStandard offers one-stop shop P&I and hull cover to smaller vessels

Move will heighten competition with fellow International Group affiliate Shipowners’ Club

United Kingdom Marine

Litigation looms over talcum powder

With Johnson & Johnson facing legal action in the UK for alleged harm caused by its talcum powder product, talc suppliers and their insurers can implement various strategies to help limit the potential exposure of such claims

United Kingdom Legal focus

Environmental group attacks London insurers’ internet

Activists target fibre optic cables near Lloyd’s and Walkie Talkie building in bid to break insurers’ ties with fossil fuel companies

United Kingdom Climate change

Pen Underwriting deepens capacity partnership with QBE

MGA renews multi-class capacity partnership with £420m deal

QBE Specialty

Wildfire loss fears weigh on insurance stocks

Hiscox, Talanx, Hannover Re and Everest Group are the worst performers in mixed week for insurance stocks

Europe United Kingdom

Biba warns of regulatory burden and flood risk in manifesto

Association wants less onerous regulation and trade deal with Europe 

United Kingdom Property
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