London Market Analysis

Risk management

‘Forward-thinking’ Lloyd’s earns praise for emerging risks facility

As Lloyd’s begins to break new ground with its latest emerging risks facility, the industry discusses its potential impact

lloyds building

Tokio Marine Kiln Insurance - what happened? Brokers give their verdict

Filings suggest Tokio Marine Kiln Insurance had been struggling for some time

Lemon squeeze

Capacity crunch fuelling MGA struggles

Lloyd’s bad business clampdown has had a knock-on effect for some MGAs

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Supply chain complexity 'a threat to the London market'

Technology will only be effective if there is a real understanding of what the technology needs to deliver, argues industry figure

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UK brokers face marine risk dilemma

Lloyd’s decision to withdraw from the poorest 10% of its business has impacted marine and cargo classes

PHILLIPS, Emma_Head of Human Resources at the Association of British Insurers

May 2019 Big Question: What reporting mechanisms do you have in place to help employees feel safe and secure in the workplace?

Following accusations of institutional harassment and bullying at Lloyd’s of London, the firm vowed to ‘stamp out’ bad behaviour. Insurance Times asked firms what measures they have in place for reporting these instances

Lloyd's kanye

MGAs look to new opportunities out of Lloyd's manifesto

Lloyd’s spent six months canvassing the London Market in how it uses and accesses Lloyd’s in the run-up to the manifesto launch

Lloyd's kanye

Lloyd's reels from multiple blows

London insurance market vows to take steps to deal with accusations of sexual misconduct , as well as poor financial results after two years of major claims payouts

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Lloyd's clampdown could see capacity crunch

Reduced capacity could mean there is less reason to write under-priced, loss-making business

DWIC delegates

DWIC 2019: The Takaful challenge - 'Even some people who work in it don’t know what it does'

The Takaful and Re/Takaful sector has an image problem and general lack of awareness about what it can do, according to speakers at DWIC 2019

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London Market News

Lloyd's kanye

Lloyd’s raises electronic placement targets for syndicates

Syndicates are expected to place the majority of their business through an electronic placement system, with the target amount increasing up to the end of the year

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Lloyd’s delays launch of new modernised platform until 2020

John Neal says that the insurance industry cannot wait until 2023 for “The Future of Lloyd’s” to have an impact

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Lloyd’s transformation strategy continues as £53m emerging risks facility launched

Facility gives Lloyd’s underwriters scope to experiment with new risks

Riot control

Ardonagh-owned firm hires three to launch new security risks unit

Large UK corporates with international security risk exposure are the target market for the new practice

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