London Market
News and analysis on Lloyd's and the London company market
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
Northern Ireland is an insurance environment apart
Can meaningful reform can be achieved to address the structural challenges facing the Northern Ireland insurance market?
UK government unveils PFAS restriction plan
Move will encourage insurers ‘to get to grips’ with exposure to ‘forever chemicals’
Marsh shares rise 4% on earnings beat
Takeover target Beazley remains the top-performing stock for the year-to-date, up 36%, as January draws to a close
Bridging the gap between climate science and finance
Institute and Faculty of Actuaries report outlines how actuarial expertise is helping firms understand and manage climate risk
Climate change is in the regulator’s sights once more
The PRA’s latest supervisory statement seeks to strengthen governance by reinforcing the role of boards and senior management in setting and overseeing firms’ approaches to managing climate-related risks
Tysers owner expands UK retail platform with Prestige deal
Australia’s AUB Group agrees to acquire 95.5% shareholding in Prestige Insurance for £219m
UK insurance boards close to gender pay equality
Women non-executive directors earned only 3% less than men in 2024, EY report finds
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