Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism June 16, 2021 By Huw Jones Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on...
AM Best Maintains Negative Outlook on UK Non-Life Insurance Market April 9, 2021 AM Best is maintaining a negative market segment outlook on the United Kingdom non-life insurance segment, citing economic uncertainty as...
London Market Insurers’ 2020 Profits Canceled by COVID-19 but Rates Are Rising April 1, 2021 Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a...
City of London Financial Center Likely to See Most Workers Return After Pandemic March 31, 2021 By William Schomberg LONDON – The City of London financial center, which has resembled a ghost town since the coronavirus swept the world...
Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier March 30, 2021 By Rachel Armstrong and Huw Jones LONDON – Britain should not be “short-sighted” and copy European Union rules just to keep financial activity in London, Bank...
New Group Launched for Senior Claims Managers in London Insurance Market December 22, 2020 A new group for senior claims managers in the London insurance market has been established by the International Underwriting Association...
Post-Brexit Reality: Europe Will Still Need London for Finance and Business – Opinion October 20, 2020 By The Editors, Bloomberg Opinion Brexit could one day give the European Union an opportunity to challenge the City of London’s dominance as a global...
London Company Market Grew 10% in 2019 October 8, 2020 Premium income for the London company market grew by 10% last year with £21.436 billion of large commercial and wholesale...
Londoners Slowly Return to Work After Schools Reopened September 18, 2020 By Neil Callanan and Jessica Shankleman Londoners are slowly returning to work in offices, factories and stores after children went back to school at the start...
S&P Says Underwriting in Lloyd’s Market Continues to Improve August 21, 2020 The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there...