City businesses warned of disruptions from surge in protests Business City based businesses are being warned to brace for a potential rise in damage or disruption next year, as the UK is predicted to see an increase in protest activity in 2026. A new analysis by Verisk Maplecroft suggests Europe will be among the regions most exposed to protest-related disruption in the coming 12 months, [...]
Lloyd’s reinsurer secures landmark Ukraine reinsurance facility insurance MS Amlin, a Lloyd's reinsurer, has secured a reinsurance scheme that could provide up to €1bn (£830m) in annual coverage for Ukraine SMEs
MS Amlin: Lloyd’s syndicate reports triple-digit growth in insurance service MS Amlin’s Lloyd’s syndicate reported an large jump in profits from underwriting from its insurance services, as partner group revises its full-year outlook
London insurance sector braces for Atlantic hurricane season August 21, 2024 As the Atlantic hurricane season reaches its peak, the London insurance market is preparing for the fallout.
Lloyd’s chair slams plans for Shard-height skyscraper next to Leadenhall Market July 2, 2024 The chairman of Lloyd's of London has objected to plans for the building of a new Shard-scale skyscraper in the City of London
Much-talked about £6m lawsuit by The Wolseley owner against insurance giant AXA starts in court January 26, 2022 A much-talked about lawsuit by the owner of The Wolseley and a range of other upmarket restaurants around London against insurance giant AXA has started in London’s High Court. Corbin & King is brining the £6m lawsuit to AXA Insurance over Covid-related losses, in a trial that could have wider ramifications for other UK businesses [...]
London’s Wolseley restaurant owners take Axa to court over Covid insurance disputes November 20, 2021 Hospitality groups, including the owner of London's Wolseley restaurant, are set to bring lawsuits to Axa insurance over Covid-related losses, according to reports.
City Moves: Who’s switching jobs in the Square Mile today? September 30, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. GAM GAM Investments has hired a former BlackRock Director for its newly created role of Head of Global Consultant Relations. Reporting to Global Head of Institutional Solutions Jill Barber, incoming lead Mary Murphy will help build strategic [...]
Hiscox tops list of insurers facing business interruption claims May 12, 2021 Hiscox faces paying the out on the largest number of business interruption claims, according to data compiled by the Financial Conduct Authority (FCA). Hiscox has accepted 6,692 business interruption claims for Covid-19 losses and faces making a decision on whether another 3,122 pending claims are valid, data published by the FCA today shows. The insurance [...]
Insurance, disrupted: What does the start of 2021 tell us about the industry? January 29, 2021 We waited patiently for the new year. January was meant to be a fresh dawn, with many businesses embarking on transformation programmes to emerge stronger from the pandemic. But, looking at the economic and political events from this month, we see more disruption ahead. Particularly for insurance companies. Before founding OLIVER, I spent 15-years at Commercial [...]