London Market
News and analysis on Lloyd's and the London company market
North American re/insurance stocks tumble in poor week for equities
RenaissanceRe and SiriusPoint post the greatest losses this week, with only four stocks – led by Munich Re – gaining in value
PRA exempts Lloyd’s insurers from exit planning rule
Regulator to work with Lloyd’s on solvent exit provisions for managing agents
Ardonagh inks ‘significant’ investment from Stone Point
Equity investment values broking and distribution group at $14bn
The growing trend for omnibus claim forms
Considerable care is required when determining the most appropriate group litigation process to adopt
Scor shares dip on updated strategic targets
Hiscox, Talanx and Axa lead this week's risers, as North American broking and insurance stocks fall
The EU’s overhaul of product liability will affect UK insurers
The EU’s Product Liability Directive amounts to the most radical reform of the law governing product liability for more than 40 years
Britannia P&I club downgraded by S&P Global
International Group affiliate said to ‘lag behind peers’ on underwriting performance
NorthStandard and Noord Nederlandsche insist partnership is win-win
Tie-up between International Group giant and local minnow designed to benefit both sides, executives say
Lancashire leads in strong week for Lloyd’s and European stocks
Specialty carrier gains 6.1% in the week as Talanx climbs 5.2% and Beazley rises 5.1%
Fortegra launches UK subsidiary
Florida-based specialty insurer targets London and UK markets as part of wider European expansion plans
Discount rate change is good news for the insurance industry
Insurers will need to consider carefully the impact of the higher personal injury discount rate on settlement strategies and premium pricing
PI market faces rate declines amid capacity surge
Increasing claims and AI risks present both challenges and opportunities for the market, Clyde & Co survey finds
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