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AM Best keeps stable outlook on London market

London market should see profits in 2026 despite softening in some lines

Strait of Hormuz crisis Property

ESG in the spotlight as London market softening gathers pace

Geopolitical challenges and the softening market are leading some underwriters to question their commitment to ESG principles, Asta’s head of sustainability Phil Pearce says

London Lloyds

Insurers still writing all marine classes in Gulf, IUMI insists

Lawyers raise spectre of 12-month total loss claims for deprivation of use, with aggregate payout potentially running to billions of dollars

Strait of Hormuz crisis Iran

Axa XL names Reynolds head of marine of UK and Lloyd’s

Insurer taps Lockton’s London market head of marine

Lloyds Specialty

Niyam secures Lloyd’s approval for Syndicate 2047

Syndicate will begin underwriting on 1 April to support India’s insurance market

Lloyds Reinsurance

Starr completes purchase of IQUW Group

Transaction creates ninth-largest Lloyd’s managing agency and provide US firm an entry into Bermuda reinsurance market

Mergers and Acquisitions Lloyds

Oak Global opens climate and tech division

Lloyd’s firm’s new division will underwrite risk solutions across property, specialty and credit classes of business

Lloyds Property

Brit launches $80m cargo consortium

Lloyd's consortium will offer line sizes of up to $80m to support global cargo risks

London Lloyds

Chaucer and Ceto launch marine MGA

New MGA aims to integrate real-time vessel data into underwriting to assess risk based on vessel condition

Lloyds Specialty

UAE insurance ambitions ‘likely to withstand short war’

A prolonged conflict increases risk of the UAE becoming less attractive to insurance market, analysts warn

Specialty United Arab Emirates

Agentic AI lets us compete with larger competitors, Artio CEO says

Carbon insurance specialist uses AI to speed up quotes, but Bilal Hussain says having the right data is the real key to success

Technology Lloyds

Hannover Re shares climb 8% as insurance stocks regain ground

European sub-group rises 4.3% and listed Lloyd’s carriers gain 2.3% as stock markets remain volatile

Europe North America
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