London Market
News and analysis on Lloyd's and the London company market
Legal Focus: Co-insurance proves tricky in construction contracts
Judgment in FM Conway v The Rugby Football Union makes clear how important the contractual arrangements are in determining the extent of project parties’ respective insurance coverage, even if co-insured
Steamship Mutual returns to underwriting surplus
Marine mutual becomes latest International Group affiliate to bring combined ratio below 100%
Stockwatch: Talanx climbs 7% on Latin American acquisition
Hannover Re continues to rise, while Scor wobbles as insurance stocks underperform equity markets globally
NorthStandard plans specialty lines push
Doubling lines such as offshore energy, strike and delay, hull and machinery, coastal and inland and fishing and aquaculture will provide diversification away from pure P&I book, joint managing directors argue
Legal Focus: Why insurers need to prioritise prevention of customer harm
The industry is still some way from avoiding customer harm, meaning only the proactive will prevail as the FCA’s consumer duty comes into force
Court of Appeal finding in Quadra v XL strengthens hand of insureds
Decision has market-wide implications for ‘insurable interest’ provisions in cargo insurance policies
Stockwatch: Generali stock wobbles as life unit swings to Q1 loss
Hannover Re was the week's top performer as SiriusPoint, RenRe and Greenlight Capital Re stocks also do well
Legal Focus: Accidental loss in the dock
High Court examines the test for accidental loss in the recent case of MacPhail v Allianz Insurance
Cowbell bolsters underwriting leadership
Cyber MGA appoints Claud Bilbao UK director of underwriting and Matt Byrne vice-president of tech E&O underwriting
Association of Average Adjusters names Fischer chair
Burkhard Fischer, director of Albatross Adjusters, has served as vice-chair of the association for the past seven years
Brown & Brown acquires Kentro Capital
US broking group expands international operations with deal that includes Nexus Underwriting and Xenia Broking
Shipowners’ Club hails ‘breakout year’
Small craft P&I specialist confirms combined ratio below breakeven point for second year in succession
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.