London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best April 26, 2022 Upward premium rate momentum is expected to continue support underlying performance for the London market, despite mounting challenges connected to...
Claims Inflation, Weakening Price Momentum Could Hit Reinsurer, London Mkt Profits April 21, 2022 The global reinsurance and London market sectors face increased risks from rising claims inflation, financial market volatility and weakening price...
Managers at UK Firms Expect to Dial Back Pandemic-Era Flexible Work Arrangements March 10, 2022 By Mumbi Gitau Many managers at UK companies expect to dial back their pandemic-era embrace of remote work and flexible arrangements once COVID-19...
Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator March 9, 2022 By Huw Jones Sanctions against Russia in response to its invasion of Ukraine are “manageable” for Britain’s insurers and wider financial sector, Bank...
UK to Ban Russian Companies From London Aviation Insurance Market March 3, 2022 LONDON — Britain will ban Russian companies from the multi-billion dollar aviation and space insurance market in London, the world’s...
Flash Floods Threaten 126,000 Commercial Buildings in London, and Risk Will Worsen February 25, 2022 By Jessica Shankleman More than 126,000 commercial buildings in London are at risk from flash flooding. Climate change will heighten that threat. Those...
COVID-19 Cases Are Dropping, but Many UK Employees Still Opt to Work From Home February 8, 2022 By William Shaw, Irina Anghel and Loukia Gyftopoulou With pandemic restrictions in the UK largely gone, offices are getting busier. Yet vast numbers of desks still remain empty....
People Should Get Back to Office, Learn to Live With Coronavirus: UK Business Minister January 21, 2022 People should get back to the office to benefit from in-person collaboration because the world must learn to live with...
Lloyd’s Weighs Future of Headquarters as Market Embraces Flexible Working January 18, 2022 By Jack Sidders Lloyd’s of London is reviewing its real estate needs as the historic insurance market embraces flexible working. “As we adapt...
Lloyd’s, IUA Sign Contract With DXC to Help Build Fully Automated Processing January 12, 2022 Lloyd’s confirmed a contract has been signed with DXC Technology and the International Underwriting Association (IUA) in an agreement that...