RussiaUkraine chess pieces

EU officials propose new ban on ships carrying Russian oil

2022-05-09T08:20:00+01:00By Isobel Rafferty

Oil and gas revenues accounted for nearly half of Russia’s federal government budget last year

RussiaUkraine chess pieces, strategy

Russia-Ukraine conflict sees Beazley predict £41m plunge

2022-05-06T16:30:00+01:00By Isobel Rafferty

The insurer’s chief executive, however, ‘remains confident’ in its combined ratio guidance for 2022

Lancashire praised

Hiscox UK sees GWP increase despite market pressures

2022-05-06T15:35:00+01:00By Yiannis Kotoulas

 

money up arrow yellow

Axa’s property and casualty revenue up 2% despite ongoing Russia-Ukraine tensions

2022-05-06T11:43:00+01:00By Clare Ruel

The group’s chief financial officer says it has stopped writing all new insurance business for Russia

Lloyd's of London, night time

Briefing: Stable it may be, but London needs real modernisation momentum

2022-05-04T13:26:00+01:00By Jon Guy

Frictional costs in the capital are still too high, despite credit rating agency listing market positives

RussiaUkraine chess pieces

WTW suffers $138m financial hit on Russian business exit

2022-05-03T16:11:00+01:00By Isobel Rafferty

The broker saw a 3% dip in its revenue compared to the same period last year as a result

planes in sky

Lloyd’s of London faces legal battle after Putin ‘swipes’ 500 planes

2022-05-03T15:42:00+01:00By Clare Ruel

In March, the Treasury banned UK insurers and reinsurers from serving Russian firms

organic growth seedling

Gallagher reports 14% UK organic growth for Q1 2022

2022-05-03T07:18:00+01:00By Clare Ruel

The broker estimates sanctions and its compliance with them will adversely impact its full year 2022 brokerage segment annual revenues by up to $10m

MOT test

Government proposals to scrap annual MOTs could see increase in ‘unroadworthy vehicles’

2022-05-03T06:58:00+01:00By Clare Ruel

Although the proposed change could save £55 a year, this could lead to more unsafe cars on the road which could subsequently increase insurance premiums

laptop pricing money cyber

UK cyber insurance pricing up by 102% – Marsh

2022-04-27T17:14:00+01:00By Clare Ruel

The Russia-Ukraine war has put pressure on the insurance market

cyber insurance, city

​Businesses caught in cyber crossfire of Russia-Ukraine conflict cannot rely on insurance for protection – Databarracks

2022-04-27T16:42:00+01:00

Businesses should focus on their resilience to cyber attacks as acts of war are excluded from cyber insurance cover

stable outlook covid

Credit ratings agency retains stable outlook for London market

2022-04-26T15:00:00+01:00By Yiannis Kotoulas

Market trends are expected to exert a ’neutral influence’ on London market firms