London Market – Page 6
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NewsAllianz reviews London D&O and PI management structure
‘We have identified potential to reshape our team based in Gracechurch Street,’ says Allianz spokesperson
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NewsRates continue to decline in construction market
’This situation puts pressure on insurers with established portfolios, as they must carefully balance maintaining their market share with the growth objectives of their competitors,’ says report
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NewsUnderwriting ‘elephant in the room’ is hampering ‘free flowing business’ – QRG Specialty
Plus, ‘inflexible’ Syndicate Business Forecast reporting could see firms declining income opportunities, says head of reinsurance and broking
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NewsHigh Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 4 to 8 August 2025
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NewsD&O insurance sees 13th consecutive quarter of year-on-year price falls
The number of policyholders switching carriers for their D&O insurance remains low amid sustained decreases in the cost of cover
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NewsFormer Hiscox executive appointed COO at Lloyd’s
‘His experience will be integral to delivering operational excellence, flexibility and scalability to the corporation and the market,’ says chief executive
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NewsCovid and chronic illness claims drive overhaul of LMA profit commission clauses
‘These new model clauses reduce the risk of claw-back payments, which can take years to sort out,’ says head of technical underwriting
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NewsRegulated firms report FCA and PRA performance improvement – LMG
‘The service delivered by both regulators has taken a significant step forward over the past year,’ says trade body chief executive
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NewsLloyd’s wholesale broker secures capacity for new SME D&O facility
’This launch is part of our wider strategy to continually enhance our product offering across specialist lines,’ says chief executive
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NewsProbitas Ada Spa 2024 graduates to full Lloyd’s syndicate
‘We are delighted to start the next step on our journey trading as a full syndicate,’ says managing director
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NewsSouth African insurer to go on UK recruitment drive as Lloyd’s gives green light to syndicate
’We are very excited about our partnership with Lloyd’s and the expansion opportunities into new territories and classes that the new syndicate will offer,’ says chief executive
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NewsLloyd’s gives green light to new syndicate focusing on trade credit risks
’By leveraging Lloyd’s renowned and innovative underwriting platform, we can deliver exceptional value to our clients and partners,’ says chief executive
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NewsCFC declines to comment as it reportedly considers £5bn UK listing
It has been reported that the firm is considering an IPO
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NewsInsurers need to ‘weed out signal from noise’ amid ‘polycrisis’
‘The market is tremendously resilient, it will survive. It has seen polycrisis before,’ says chief underwriting officer
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NewsAon to launch UK-based captive management company after government announcement
’The UK is already home to the world’s leading insurance marketplace in London and it’s only natural that it should also be a competing jurisdiction for captives,’ says leader
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NewsNew UK captives framework gets green light
’The government’s view is that a new captive insurance framework will help cement the UK’s position as a leading international jurisdiction for insurance and risk management business,’ says government
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NewsInsurance body rebrands and relaunches London division
’London is the global hub for major, complex risk – and the partnership between reinsurers, insurers, brokers and legal representatives is essential to its continued success,’ says president
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NewsConsilium announces senior leadership team appointment
‘I’m excited to join at such a pivotal time and look forward to helping drive its growth into new areas of speciality,’ says appointee
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IT InterviewChris Jones: New IUA boss seeks to put trade body ‘on the front foot’ with three pillar plan
Technical skills, talent and risk management are prime focuses for the chief executive, who believes ‘London really will live or die by its underwriting and claims expertise’
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NewsLMA releases new clause to strengthen sanctions compliance in (re)insurance
’This clause is a practical and proportionate response to the increasing demands placed on our market by sanctions legislation,’ says legal director
