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London Market

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

 

FCA plans to reveal misconduct probes must resolve 'tension', BoE governor urges

Andrew Bailey says conduct regulator must ensure due process but also stop wrongdoing

United Kingdom Regulation

Axis Capital leads North American stock gains

Bermuda-based Axis shares up 11.6% as insurance and reinsurance stocks rise but Aon falls 8.1% following NFP deal closure

North America Europe

Marsh launches policy aimed at EU crypto market

MiCAssure makes crypto asset service providers compliant with new EU regulation

Europe United Kingdom

Industry bodies oppose FCA plans to announce start of probes

Regulator insists ‘no presumption of announcement’ but industry fears reputational damage of early naming

United Kingdom Regulation

The FCA's enforcement proposal must balance transparency and proportionality

A simpler and more effective approach than naming and shaming would be for the FCA to increase the pace and focus of its investigations

United Kingdom Regulation

Brokers should keep customer needs in mind while navigating the digital shift

New technology can provide significant benefits for brokers in terms of improving customer service and productivity – but there are risks

United Kingdom Broker

Insurance stocks climb 2.2% after tough weeks

Munich Re shares surge 5.3% after profit surprise in a largely positive week overall for insurance and reinsurance stock

Europe United Kingdom

Nature degradation ‘could cause a 12% loss’ to UK GDP

Three-quarters of the UK has a high level of ecosystem degradation, making it one of the most ‘nature-depleted’ countries in the world

United Kingdom Climate change

Court holds insurer to its true underwriting appetite

High Court’s ruling in Scotbeef v D&S Storage and Lonham Group has implications for the entire market on the application of the Insurance Act

United Kingdom Legal focus

Clarity on mixed injuries from the Supreme Court

UK Supreme Court determines approach to valuing damages where the claimant suffers a mixture of whiplash and non-whiplash injuries 

United Kingdom Casualty

Arch Insurance International names deputy CEO

Insurer promotes chief administration officer Valder to deputy chief executive role

Europe United Kingdom

Legal Focus: Data on the offensive

Recent court decisions demonstrate that clear and robust data analysis, even by non-experts, can have a significant bearing on case outcomes

United Kingdom Legal focus
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