London Market
News and analysis on Lloyd's and the London company market
UK civil unrest could trigger losses exceeding £4bn
Policing incidents, overseas conflicts and financial shocks could spark disorder capable of causing unprecedented insured losses, according to Synthetik
Insurers may struggle with UK climate risk regulations
Most firms have yet to identify whether they are compliant with new regulations, due to come into force in June, survey finds
Specialty MGA appoints Tayler to lead A&H build out
Neil Tayler will be responsible for building a dedicated A&H book, focusing on both UK and global opportunities
Drone delivery brings new risks insurers can’t afford to ignore
As Amazon launches drone deliveries in the UK, insurers must rethink last mile risk entirely, because the shift from van to sky doesn’t eliminate delivery problems, it only broadens them
WTW shares fall 17% as broking stocks hit by AI fears
Investor concerns over the potential for AI to disrupt the insurance market spread more widely across the market this week
Claims inflation and capacity pressures ‘threaten insurer profitability’
Rising claims costs, workforce shortages and capacity constraints are squeezing margins and forcing insurers to tighten underwriting, research finds
UK P&I Club maintains $500m war risks P&I limit
2026 renewal preserves existing war risks limits alongside exclusions relating to Russia, Ukraine and Belarus
EU and UK diverge on insurer AI regulation
The EU has a single AI law for the whole bloc, while the UK is opting for separate rules for each sector. There are pros and cons to each approach
Are ageing solar panels Britain’s next fire hazard?
Rooftop solar panels are developing a recognisable claims profile, with fires linked to ageing equipment, inconsistent installation practices and a lack of routine maintenance
NorthStandard confirms firm P&I renewal round
Biggest UK-based marine mutual ‘not going soft’ with focus on improving combined ratio
Litigation funding changes stoke fears of US-style litigation in the UK
Insurers need to be aware of the shifting legal landscapes and deal with increased use of litigation funding and forum shopping over the coming years
Beazley shares surge 9% as insurance stocks enjoy buoyant week
Zurich’s £8bn takeover of Beazley and strong quarterly results lift insurance and reinsurance stocks
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