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London Market

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

 

New UK captive insurance proposals welcomed

Proposals reflect the needs of the captive community and will support the competitiveness of the UK, industry bodies say

Regulation Property

Bank of England warns of climate risk to UK finances

The UK’s central bank sees climate change as a ‘very present’ risk to financial stability

Climate change Regulation

UK advances risk transformation reform, but defers key opportunities

HM Treasury’s plans will make it harder for the UK to become a leading jurisdiction in insurance-linked securities market

Legal focus Regulation

Regulators launch UK captive insurance consultation

New regime, due to launch in summer 2027, will be ‘tailored and competitive’ and ‘proportionate’, regulators said

United Kingdom London

Climate risk is a cascading phenomenon

The chief operating officer of Transition Risk Exeter explains how insurers can move away from linear assumptions about climate change to an understanding of its actual compounding effects

Europe United Kingdom

FCA admits Transition Risk Exeter to regulatory sandbox

Trex aims to help financial institutions better understand climate risk ‘in an increasingly non-linear world’

Climate change Regulation

Recent court rulings clarify Arbitration Act powers in insurance cases

The English courts are reluctant to review arbitral awards, but they will do so in very limited circumstances

Legal focus Claims Management

Broker stocks bounce back as US-Iran strikes restart

WTW climbs 6.4% as broking and other re/insurance stocks outperform

Stockwatch Willis Towers Watson

UK cloud service outage event loss could reach £1.7bn

UK’s exposure is concentrated in small number of ‘critical aggregation points’, Cyber Monitoring Centre warns

Cyber United Kingdom

Perils decreases loss estimate for Windstorm Goretti to €468m

Goretti was the second-largest European windstorm loss event of the 2025/26 season

Property France

ANV completes Iris Insurance Brokers acquisition

Acquisition of London-based firm strengthens ANV’s UK distribution and adds MGA incubator platform

Broker Mergers and Acquisitions
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