CFC has strengthened its transactional liability offering with the introduction of a new excess insurance solution specifically designed for secondary transactions.
Gallagher and WTW have tied for the top spot for aviation in the 2024 London’s Leading Broker report, with six of the seven shortlisted brokers coming from the pair.
Howden's Alex Newport has topped this year's overall ranking of leading brokers in the London market, in a nominations-based survey conducted by insurance research consultancy Gracechurch.
The Lord Chancellor announced on Monday that the personal injury discount rate in England and Wales will rise to 0.5 percent in a decision set to impact motor insurance premiums and compensation calculations for UK insurers.
Aon has renewed its follow-on London market placement facility Aon Client Treaty with expanded co-insurance capacity of 28.5 percent across core lines of business.
The London and International Insurance Brokers' Association has named Price Forbes' Greg Zucker as chair of its facilities committee.
UK insurers were found to face “significant” liquidity needs under the Bank of England’s system-wide exploratory scenario exercise, although it recognised that lessons have been learned from recent stresses.
Aventum Group-owned specialty (re)insurance MGA Rokstone has acquired a second box at Lloyd’s just six months after announcing its first box.
Ryan Specialty has bolstered its Ryan Specialty Underwriting Managers International (RSUM International) unit with the appointment of James Montgomery as CEO, succeeding Mark Birrell who takes up the role of executive chairman.
Marsh has retained its bench strength lead in energy in the 2024 London’s Leading Brokers report, accounting for three of the top five individual shortlisted brokers.
Aon's Reinsurance Solutions retained its position as bench strength leader for reinsurance broking in the the 2024 London's Leading Brokers Survey conducted by Gracechurch.
Lloyd’s will trade into 1.1.25 with an initial market stamp capacity of at least £57bn ($71.8bn) – a new record high – with a minimum of 51 surveyed syndicates increasing their business plans for next year.
German insurer Allianz, Belgium’s Ageas and London-listed Sabre have been tipped as the firms most likely to benefit from potential consolidation in the UK motor insurance market, according to Berenberg.
The UK’s Financial Conduct Authority is “incompetent at best, dishonest at worst”, according to a report by an influential group of MPs and Lords which called for a major overhaul of the financial sector watchdog.
RedBird Capital Partners-backed Bishop Street Underwriters is set to secure a London platform as the expansive platform said it will acquire specialty MGA Landmark Underwriting.