
London Market
News and analysis on Lloyd's and the London company market

NSM broadens European presence with acquisition of Acquis in UK
Managing general agent NSM's new acquisition Acquis provides insurance solutions for the asset financing and leasing industry

Stockwatch: SiriusPoint rallies on Fitch outlook revision
Bermuda-based carrier gains 7.9% this week after stable rating, as Beazley rises for second week running

Legal Focus: New Building Safety Act will have an impact on professional indemnity cover
The legislation, which is expected to come into force by October 2023, imposes greater obligations on designers, contractors and building control bodies and will have implications for their insurance cover

Pen Underwriting plans IP push with Alsegard hire
MGA hires Gallagher director to develop a portfolio of intellectual property insurance products

Richard Turner quits Victor for job at West of England
High-profile former Iumi president jumps ship in switch to protection and indemnity

RSA to exit UK personal motor
Move, which will release £60m of capital, aims to strengthen the group's UK and international business

Stockwatch: Swiss Re shines as European stocks rebound
Reinsurers see the biggest gains as investors return to insurance stocks following banking jitters

Legal Focus: Bar set too high for nightclub slipping accident
A recent case will be seen as good new for insurers in redressing the balance on liability claims

Marco Capital strikes UK motor legacy deal with Markel
Loss portfolio transfer transaction will provide reinsurance cover for up to £200m of the US specialty insurer’s UK motor claims reserves

BHSI names Ruddlesdin head of PI and cyber for UK
US commercial insurer looks to expand presence as a lead market

Stockwatch: Beazley plummets as financial stocks nosedive
AIG, Beazley and Scor worst hit as insurance stocks rocked by bank collapse and crisis fears

Axa XL backs parametric cyber product
Intangic MGA will offer cover of up to $15m to large UK corporates with plans to launch in the US
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