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London Market

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

 

Brokers lead in mixed week for insurance stocks

Shares in Aon surge 4.3%, while Marsh McLennan climbs 2.8%, as Lancashire falls 4.1% and Everest loses 3.3% in volatile week

Europe United Kingdom

The legal landscape facing directors and officers is shifting rapidly

Directors, insurers and regulators must work together to navigate these challenges and ensure businesses remain resilient in the face of growing risks

United Kingdom Legal focus

Gallagher buys WK Webster

Acquisition will add marine claims expertise to Gallagher’s specialty capabilities

United Kingdom Claims Management

CJC’s report on pre-action protocols is underwhelming

Civil Justice Council recommends reforms across various litigation-specific pre-action protocols, including those for personal injury, disease, clinical negligence, construction and professional negligence

United Kingdom Legal focus

RenRe shares fall 7.5% as insurance stocks edge up

Bermudians RenaissanceRe and Everest Group posts largest falls this week, as Munich Re leads risers

Europe United Kingdom

A roadmap for insurers preparing for ECCTA compliance

Complying with the UK’s upcoming Economic Crime and Corporate Transparency Act requires a focus on leadership commitment, risk assessments, fraud prevention and due diligence

United Kingdom Legal focus

Can the UK capture captives?

The UK government is consulting on the creation of a new captives regime. London has many advantages when it comes to captive formation, but some argue Brexit could make the UK a less attractive jurisdiction

United Kingdom London

Balancing profitability and sustainability in business interruption claims

There is tension between what is profitable and what is sustainable when it comes to business interruption claims – but there are steps the insurance industry can take

United Kingdom Property

The privatisation of justice?

The civil justice system is unlikely to see any new money from the new Labour government

United Kingdom Legal focus

Lloyd's stocks recover amid limited wildfire loss expectation

Beazley shares climb 5.7% and Hiscox gains 3.8% in positive week for insurance and reinsurance stocks

North America Europe

NorthStandard offers one-stop shop P&I and hull cover to smaller vessels

Move will heighten competition with fellow International Group affiliate Shipowners’ Club

United Kingdom Marine

Litigation looms over talcum powder

With Johnson & Johnson facing legal action in the UK for alleged harm caused by its talcum powder product, talc suppliers and their insurers can implement various strategies to help limit the potential exposure of such claims

United Kingdom Legal focus
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