London Company Market Premiums Rise by 8.1% in 2018 to £28.4B ($34.7B) October 10, 2019 Gross written premiums written by the London company market have increased by 8.1% to £28.437 billion ($34.7 billion) in 2018,...
Lloyd’s, London Market Insurers Surpass Q2 Electronic Placing Targets August 12, 2019 More than half of in-scope market risks were placed electronically in the London and Lloyd’s markets during the second quarter,...
Two New London Market Model Cyber Exclusion Clauses Published by IUA June 6, 2019 Two new London Market model clauses to help underwriters manage cyber losses have been published by the International Underwriting Association...
London’s Electronic Placements via PPL Exceeded Targets During Q4 2018 February 7, 2019 By L.S. Howard London’s electronic placing platform exceeded its target of 30 percent of in-scope risks during the fourth quarter of 2018, according...
London’s Electronic Placements Exceed Targets; Beazley Syndicate 3623 Ranks #1 November 20, 2018 By L.S. Howard The London market’s electronic placing platform, PPL Ltd., exceeded targets during the third quarter as more and more syndicates and...
Driverless Ships Could Offer Significant Growth Area for London Market: IUA Survey October 8, 2018 Autonomous ships could offer significant growth potential for the London market, according to the findings of a survey conducted by...
International Underwriting Association Issues 2nd Brexit Contract Continuity Clause July 27, 2018 A second Brexit contract continuity clause has been published by the International Underwriting Association (IUA). The association in June issued...
Brexit Is Greatest Structural Challenge Facing London Company Market: IUA Chairman July 26, 2018 Brexit is the greatest structural challenge facing the London company market, said the chairman of the International Underwriting Association, Malcolm...
U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance July 16, 2018 By Carolyn Cohn and Jonathan Saul New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance,...
EU Dismisses UK Concerns About Post-Brexit Continuity of Insurance Contracts July 12, 2018 By Alexander Weber and Silla Brush The Bank of England’s warning that Brexit threatens trillions of pounds of financial contracts is falling on deaf ears in...