 
            London Market
News and analysis on Lloyd's and the London company 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
 
                    
                
                    
                Casper launches renewable energy MGA Tundra Specialty
New division marks the ‘first milestone’ in managing general agent's plan to broaden product footprint
 
                    
                
                    
                BP Marsh profits climb to £32m in H1
Insurance-focused investor’s net asset value rises to £350m in the first half of the year
 
                    
                
                    
                Pool Re rewires UK terrorism backstop to tackle SME protection gap
Chief underwriting officer, Jonathan Gray, discusses Pool Re’s structural overhaul and what it means for insurers, SMEs and the future of terrorism protection
 
                    
                
                    
                Marsh McLennan shares fall 9% on lower growth
Lancashire tumbles 6% as analysts cut target price and re/insurance stocks suffer amid wider market volatility
 
                    
                
                    
                Insurers must help businesses prepare for the growing cyber threat
The head of the UK’s National Cyber Security Centre says it is time for businesses to act – and insurers have a vital role to play
 
                    
                
                    
                The rise of cryptoassets has wide-ranging implications for insurers
Rapid adoption of cryptoassets is likely to drive increased litigation and an upsurge in regulatory enforcement action
 
                    
                
                    
                LMG proposes framework for scrutiny of regulator growth objectives
Framework is designed to help policymakers scrutinise the PRA’s and FCA’s work on growth and international competitiveness objectives
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