London market
London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best
Upward premium rate momentum is expected to continue to support underlying performance for the London market, despite mounting challenges connected to climate modeling, claims inflation and the war ...
Claims Inflation, Weakening Price Momentum Could Hit Reinsurer, London Market Profits
The global reinsurance and London market sectors face increased risks from rising claims inflation, financial market volatility and weakening price momentum, according to a commentary published by ...
Ukraine Invasion Analysis: AM Best Sees ‘Significant Implications’ for Insurers
AM Best believes that Russia's invasion of Ukraine could have a "substantial impact" on the world's insurance industry in the near to midterm, the rating agency said in a report published on Friday. ...
European Insurers Brace for Sanctions Over Nord Stream 2 Pipeline
A simmering threat of sanctions against the operator of the $11 billion Nord Stream 2 pipeline risks shutting off cover from European insurers for the politically-sensitive project to bring Russian ...
Former Lloyd’s CEO Beale Joins Willis Towers Watson Board as Part of Activist-Spurred Revamp
Willis Towers Watson PLC , which has been under pressure from activist investor Elliott Management, appointed four new directors on Thursday as it looks to turn around its business following a ...
Lloyd’s Must Confront Past Steeped in Slavery
British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd's of London insured many of those vessels, the people chained below deck sometimes categorized as ...
Britain’s Financial Sector Wants Relaxed Visa Requirements for Overseas Staff
Britain's financial sector has called on the government to ease visa requirements on overseas staff who want to work up to six months in the country to maintain global competitiveness. A Global ...
Amazon Will Start Selling Cover for UK Businesses Via Broker
Amazon.com Inc is to start offering insurance to small and medium-sized UK business customers, the technology giant's first foray into business insurance in the country, broker Superscript said on ...