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London Market

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

 

Personal injury discount rate review 'risks claims and reinsurance disruption'

Lord chancellor, Shabana Mahmood, announces commencement of formal review of the personal injury discount rate for England and Wales

United Kingdom Casualty

EPL cover vital amid rising health and safety concerns

Despite studies showing companies that fail to protect themselves can incur significant fines, many still do not have employment practices liability cover in place

Legal focus United Kingdom

Aviva lends support to UK’s National Wealth Fund

New Labour government unveils plan to boost growth and unlock investment

United Kingdom Aviva

UK insurance M&A climbs in first half of 2024

Public UK insurance sector M&A transactions rise from 54 to 94 and their value more than doubles, analysis by EY finds

United Kingdom Mergers and Acquisitions

Risk revolution is driving transformative changes for the insurance industry

The industry has had to accelerate its work on digital transformation, consumer protection and mental health in response to the pandemic, leading to a raft of legislative and policy developments in these areas  

Legal focus United Kingdom

Loss adjusters must be proactive in addressing the insurance sector's challenges

The critical role performed by loss adjusters during the pandemic and their unique ability to provide solutions to the challenges faced by insurers must not be overlooked, the president of Cila says, as institute publishes first manifesto 

United Kingdom Claims Management

Beazley falls 6.4% as hurricane fears hit insurance stocks

Investors flock from Lloyd’s and Bermuda groups

United Kingdom North America

Big tech may hold the keys to the open insurance door

While major technology companies have little incentive to get involved in insurance as insurers themselves, they have a role to play as providers and managers of data 

United Kingdom Viewpoint

FCA 'to continue engagement' on new investigation disclosure guidelines

Official promises not all investigations will be made public following controversial proposals

United Kingdom Regulation

UK regulators set out their approach to AI

While the watchdogs deem the UK’s existing regulatory framework to be fit for purpose, unforeseen risks may require guidance or intervention

United Kingdom Regulation

Scor falls 5% as analysts eye Q2 cat losses

Paris-based reinsurer's second-quarter catastrophe losses may exceed budget, analysts say, as insurance shares see slow week

Europe United Kingdom

FCA set to ramp up greenwashing probes

Clamping down on greenwashing is a focus for the FCA and more investigations will relate to breaches of the rules. Financial lines insurers can expect an increased frequency of claims in this area

United Kingdom Regulation
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