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London Market

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

 

It’s getting harder to put a figure on BI losses

McLarens’ head of forensic accounting for EMEA argues that business interruption losses are becoming harder to quantify as firms become more complex and reliant on third-party service providers

Big Interview Claims Management

Mission Underwriters launches property MGA Kyntra

New MGA marks the next phase of the business’s expansion plans across Europe

Property Distribution

Lockton opens data centre consultancy unit

Lockton names New York and London execs to lead practice

Brokers United Kingdom

AI has changed the rules on insurance fraud

Artificial intelligence-enabled fraud is an escalating corporate insurance challenge for insurers, brokers and risk managers 

 

United Kingdom Legal focus

The hidden risk from building defects following a fire loss

A fire claim can evolve into a much larger and more complex issue if investigations reveal defects in a building’s fire protection measures

Property Risk Management

Shares in Travelers surge as Q2 earnings smash expectations

Insurance Day’s Bermuda subgroup outperforming despite geopolitical concerns, however the Lloyd’s subgroup lagged behind both the FTSE 100 and FTSE 250

Stockwatch Travelers

PRA fines HDI Global £4.1m over data failings

Fine related to inaccurate reporting of FSCS liabilities and FSCS fee tariff data over a three-year period

Talanx Regulation

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
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