London Market
News and analysis on Lloyd's and the London company market
BMS launches Lloyd’s consortia unit
The delegated authority and consortia team will be led by Richard Wynn
Insurance stocks rebound as volatility continues
SiriusPoint shares climb 13.9% as Insurance Day’s basket of stocks rises 4.3% in strong week
What rebuilding nuclear power means for UK insurers
While the next generation of nuclear power offers significant growth opportunities, it also introduces a new generation of risks that require careful calibration of policy wordings, aggregation management and capital deployment
Westfield Specialty launches UK and European liability portfolio
Carrier hires former Everest senior underwriters to lead new product line as it continues to expand European footprint
S&P revises Steamship outlook to negative
Marine mutual reports second straight underwriting deficit amid sharp jump in payouts
Tarrant steps into top job at Shipowners’ Club
London-based marine mutual promotes chief financial officer
Greenlight Re and SiriusPoint lead fallers as insurance stocks slide
Hedge fund reinsurer drops 10% as Bermuda-based re/insurer SiriusPoint falls 9% in torrid week for insurance and reinsurance stocks
Convex launches specialty MGA Kinetic
Kinetic Insurance Services will write complementary portfolio of business and provide access to ‘new and emerging markets’
HDI Global names Hunt UK and Ireland CEO
Hunt was named interim chief executive in February following the departure of former chief executive Stephanie Ogden
NorthStandard targets billion-dollar premium income by 2028
Last results ‘really successful’ despite ongoing underwriting deficit, argue Jennings and Grose
Insurance stocks tumble as market volatility continues
Insurance Day’s basket of stocks falls by 2.4% this week with only four stocks gaining in value
High Court clarifies aggregation of Covid-19 losses at reinsurance level
English courts are favouring reinsureds by taking wide construction approach to the aggregation of Covid-19 losses
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