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Gulf war risk premiums top double-digit millions of dollars per trip

Quotes for high-risk vessels could already be at 10% of hull value, but safer ‘plain vanilla’ propositions priced far lower

Strait of Hormuz crisis London

AI has exposed the London market’s human APIs

The goal of AI integration is to keep people in the loop where critical decisions and judgement sit, whilst removing work that forces people to act as the integration layer

London Technology

Santam trims COR to 88.7% in 2025

South Africa’s largest general insurer reports strong growth in property as new Lloyd’s syndicate begins writing business

South Africa Property

Beazley books $1.15bn profits for 2025

The specialty insurer also reiterated it’s committed to its recently launched Bermuda entity and plans to establish its own cyber-ILS fund

Beazley Zurich

K2 launches international professional liability business

K2 acquired D&O book from Rising Edge last month

Specialty Lloyds

Oka partners with 1089 to back insured carbon asset

New framework embeds invalidation risk cover into advanced fuels credits in bid to strengthen carbon market structure

Specialty Energy

Insurers need to prepare for a ‘disorderly transition’, LMA warns

The LMA expects to see a shift towards adaptation and resilience as global temperature rises above 2.5 Celsius look increasingly likely

Climate change Decarbonisation

The widening lead-follow spectrum presents an opportunity for the London market

If the London market is to remain the global home of complex risk, new trading models must reinforce — not dilute — underwriting excellence

Lloyds Specialty

Brit posts 81.9% full-year COR as profits rise 25%

Investment returns drive increased profit as wildfire losses dent Lloyd’s carrier’s underwriting result

Reinsurance Brit

The death of Blueprint 2 will be a welcome fresh start

While it might be late, a back-to-basics plan for digitalisation is what the market needs

Market Modernisation ID Comment

Lloyd’s likely to revert to a phased approach to digitalisation

What comes after Blueprint 2 is expected to be an evolution rather than a complete re-think of the London market digitalisation project

Market Modernisation Lloyds
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