London market
London Market Brokers, Associations Welcome Move to Create UK Captive Domicile
The UK Chancellor of the Exchequer Rachel Reeves announced that the UK will introduce a captive insurance company regime – a decision that was welcomed by brokers and trade associations across the ...
U.S. Excess & Surplus Lines Boost London Market Top-Line Growth
The U.S. excess and surplus lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market—which could help counteract some possible headwinds, ...
Financial Services Firms Acknowledge ‘Awful’ Culture in UK Sexism Inquiry
Representatives from finance firms across the City of London said more work was needed to tackle gaping gender disparities in the industry, even after companies have made gains in the past five ...
Why Did It Take a Pandemic to Drive Electronic Placement in the London Market?
Electronic placing in the London market was a long time coming, with many obstacles to overcome. It took the pandemic to prove electronic placement is a benefit and not a threat—and now that it's ...
Net-Zero Business Opportunities Could Double Size of London Insurance Market: LIIBA
The business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market, according to the London and International ...
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. ...