London Market
News and analysis on Lloyd's and the London company market
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
NorthStandard unveils ‘responsible’ rate increase
Second-largest club seeking higher premiums and deductibles for both P&I and FD&D
Marsh names Addington-Smith UK chief executive
Marsh Asia president Addington-Smith succeeds Chris Lay
Rokstone launches cyber division
Aventum-owned managing general agent hires Miller’s head of cyber to lead new unit
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
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