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

PRA proposes changes to third-country insurer rules
Under proposed changes branches will be able to hold £600m in liabilities without becoming subsidiaries

Airmic welcomes new chair
Synthomer executive Richard Hoult succeeds Fiona Davidge at risk managers' association

Aviva shares jump 5.6% as UK group's strong run continues
Insurance and reinsurance shares fall overall as North American stocks see losses

Awaab’s Law rewrites the rulebook for insurers on housing risk
With statutory deadlines looming, insurers and housing providers must prepare for a new era of accountability and transparency in the UK

LSM combines finpro and casualty in restructure
Insurer looks to expand its proposition across the UK, Middle East and north Africa

The UK’s approach to regulatory enforcement is evolving
Firms face some significant new requirements as FCA threatens ‘loud and in your face’ enforcement

Regulators look to change management of climate risks
Proposals from the Prudential Regulation Authority represent a significant regulatory shift in the way UK insurers approach climate-related financial risk

Bermuda carriers outperform amid strong reinsurance profitability
European and Lloyd's shares tumble but Aviva and Talanx remain best-performing stocks this year

The Supreme Court’s motor finance ruling has implications for re/insurers
The court's examination of fiduciary relationships is important for the whole financial services sector, including the re/insurance industry, with its multiple layers of intermediation

Insurance firms warned of new UK fraud offence
Failure to prevent fraud offence, which comes into force today, poses compliance challenge for firms, legal experts say

The impact and potential of AI in the claims process
DAC Beachcroft’s report on the impact and potential of AI in the insurance claims process reveals a sector ‘embracing change, with eyes wide open’

Axa falls 7.8% as investors sell re/insurance stocks
Insurance Day’s basket of re/insurance stocks fell 1.8% on average this week
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.