London Market
News and analysis on Lloyd's and the London company market
Bermudans lead as insurance stocks enjoy strong week
RenaissanceRe and Everest Group shares rise more than 4% as re/insurance stocks gain 1.8% on average
Ardmore collapse ‘a blow to UK surety market’
Construction firm’s collapse could dampen sentiment and keep prices higher and surety bond terms more restrictive, according to Gallagher
English courts move to streamline costs and disclosure regimes
A refined disclosure regime is necessary to ensure London maintains its status as a major dispute resolution hub
UK warned of tax challenge to captives push
Proposals provide ‘a competitive proposition’ but UK’s tax regime could be a barrier, rating agency says
Tysers owner reports record earnings
‘Robust growth’ in Tysers’ marine and aviation broking drives AUB Group’s international revenues up 6.2% in last financial year
‘Punching shear’ is a major new post-Grenfell risk
Huge potential exposures could drive some commercial property and professional indemnity insurers out of the market
Allianz Commercial appoints Woolley to lead global specialty
German insurance giant appoints Talbot chief executive to lead global specialty expansion
Insurers set for new exposures from UK leasehold reform
Professional indemnity and directors’ and officers’ insurers face new risks as the rental market shifts in the UK
US stocks continue to fall amid gloomy sentiment
Markel and Travelers stocks lead US fallers in lacklustre week for re/insurance shares
Chubb and AIG shares lead fallers as negative sentiment persists
The basket of stocks tracked by Insurance Day declined by 1.5% this week
Significant test following the Insurance Act 2015 goes insurers’ way
Decision is one of the most significant recent judgments concerning the duty of fair presentation since the Insurance Act 2015 came into law
CII warns of ‘critical AI fluency gap’
Chartered Insurance Institute says training and active oversight are essential
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