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London Market

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

 

Cytora partners with ZestyAI on climate risk modelling

Insurtech integrates ZestyAI’s climate risk models into its risk assessment platform

Property Climate change

State National to enter UK market

US programme heavyweight partners with sister business Markel International to target UK managing general agents

United Kingdom Markel

Tokio Marine expands UK professional risks practice

Specialty insurer makes three underwriting hires to its UK regional teams 

United Kingdom People moves

Viewpoint: MGA sector optimistic in face of economic challenges

Against the backdrop of economic uncertainty and political turbulence, confidence in the MGA market is as high as ever. What are the opportunities and challenges facing the sector as we head into 2024?

United Kingdom Lloyds

Stockwatch: RenRe climbs 7% as insurance stocks gain 2.1%

Reinsurers dominate the week's biggest movers as Argo stock ceases trading following buyout

Europe North America

UK captive consultation plans 'a great step forward'

London Market Group welcomes HM Treasury plans to consult on framework for ‘encouraging the establishment and growth’ of captive insurance companies in the UK

United Kingdom London

Legal Focus: Insurers face an uncertain time over third-party litigation funding

The enforceability of third-party litigation funding agreements has been called into question in recent months

United Kingdom Legal focus

Legal Focus: PRA's third-country consultation could mean change ahead

Firms may find the regulator’s willingness to accept a branch application is reduced, leading more firms to operate through a subsidiary

United Kingdom Regulation

Arbol appoints Pro MGA to support UK launch

Move is part of climate risk specialist's UK expansion to serve insurance markets outside the US

United Kingdom Specialty

Legal Focus: Maintaining standards in arbitration crucial

High Court rules that an arbitration award against Nigeria had been obtained by fraud and was contrary to public policy

United Kingdom Claims Management

UK Club confirms general increase for members

Price hike at upper end of going rate driven by expected inflation impact 

United Kingdom Marine

Canopius names Newman UK CEO

Executive will succeed Kate Roy, who has held the role on an interim basis 

Canopius United Kingdom
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