London Market
News and analysis on Lloyd's and the London company market
Insurers warned of cost consequence of alleging and failing in fraud allegations
Recent case highlights real risk for insurers of having to pay a penalty when alleging fraud incorrectly
Pool Re’s Paul receives peerage
Appointment recognises Paul’s contribution to terrorism insurance and public service
FCA urged to keep bullying guidance ‘under review’
Lloyd’s Market Association says non-financial conduct guidance must be monitored ‘to ensure it delivers the right outcomes’
Least-worst outcomes as good as it gets with emergency responses: Sosrep
Wide variance in how countries handle marine casualties
Time to shake up the senior managers regime
The UK government and regulators have set out long-awaited proposals to reform the Senior Managers and Certification Regime
AIG and Allianz lead positive week for insurance stocks
Munich Re shares climb on December 11 following publication of ambitious five-year strategy
UK ransomware payment ban could ‘significantly shift’ cyber market
Underwriters will need to assess how their exposure changes if payment is no longer a recovery option, legal experts say
Insurers must do due diligence before writing solicitors’ PI cover
Law firms that undertake volume claims litigation present risks for their professional indemnity insurers
Getting insurance values right for manufacturing and infrastructure assets
In manufacturing and infrastructure, the question of what counts as a building is less straightforward than it seems – and is fundamental to effective risk management
UK councils risk costly legal minefields in upcoming restructures
Historic liabilities, if not properly mapped, could become one of the most expensive hidden pitfalls of the entire shake-up
RiverStone International promotes Pritchard to UK CEO
Pritchard succeeds Andrew Creed, who will become group president
Beazley continues to fall as Lloyd’s stocks tumble
Poor week for re/insurance stocks sees Lloyd’s sub-group fall 2.3% and European insurance majors drop 1.8%
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