London Market
News and analysis on Lloyd's and the London company market
Law Commission review signals possible expansion of the opt-out class action regime
Introduction of a new consumer class action regime in England and Wales could increase litigation risk significantly for businesses and their insurers
Hiscox leads risers in strong week for insurance stocks
Shares in London-listed Hiscox climb 13.5% amid bid speculation
PRA eases reporting burden on foreign insurance branches
Regulator is also raising threshold for subsidiarisation of branches
Marine underwriters 'must keep pace with the change'
Underwriters willing to adapt to technological and geopolitical change will be better positioned when pricing eventually catches up with risk, Adrian Scott, Geo Underwriting's head of marine and leisure, says
Managing climate risk is not optional
UK insurers face a June 3 deadline to complete a gap analysis, as regulators step up efforts to embed climate risk management into governance and risk frameworks
PRA survey hints at worries about competitiveness and rulemaking
Regulator’s approach to proportionality does not make UK attractive place to do business, many survey respondents said
Munich Re shares fall 11% as European insurance stocks tumble
Strong growth lifts Hiscox and Zurich in tough week for insurance and reinsurance stocks
UK government to pursue changes to senior managers’ rules
Exact nature of changes to Senior Managers and Certification Regime await publication of bill
Implications of the Mazur appeal on the conduct of litigation
The Court of Appeal has provided some clarity on the distinction between ‘carrying on’ the conduct of litigation and performing tasks in support of it
SME cyber exposure creates opportunities for insurers
Many small businesses have missing or invalid email authentication controls, analysis finds
Growth engine or gimmick? The sandbox debate
Regulators are embracing sandboxes to encourage innovation, but how many insurers want to play?
Antares Global launches MGA platform Scorpius
New platform aims to connect profitable MGA business with underwriting capacity from Antares Insurance Company
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