Details of a dedicated company market support programme for the adoption of new digital processing services in the London Market have been published by the International Underwriting Association. Last week…
New guidelines have been agreed by marine insurers in the London Market to help improve collaboration in the handling of shipping casualties. A protocol document seeks to promote more effective…
The International Underwriting Association has published its business plan for 2023, highlighting key challenges for London Market insurance companies in the months ahead. Inflation, the need to recruit and train…
IUA sees popularity of market groups jump during remote working Remote working has led to a 40% plus increase in attendance at formal London insurance market meetings, the International Underwriting…
DQPro Recognised as a London Market Insurtech Leader DQPro, the data monitoring platform, now being used by 12 global insurance carriers and 35% of the London market; identified in Oxbow…
The International Underwriting Association (IUA) has appointed a consultant to help its member companies make the most of their use of central London Market processing services. A review of service…
A guide to good practice for delegated authority arrangements in the London company market has been published by the International Underwriting Association. The document urges firms to keep customer impacts…
Five priorities for the London company market in 2017 have been identified by the International Underwriting Association. Over the past 12 months, member firms have faced considerable challenges, commented the…
Ten years of catastrophe risk management developments will be reviewed at an International Underwriting Association seminar. Over the last decade the London Market body has hosted an annual meeting looking…
Six senior London Market executives have been elected to the governing board of the International Underwriting Association. At the organisation’s annual general meeting five members were formally elected after being…
Membership of the European Union provides insurers with substantial benefits and London Market companies would be significantly damaged if they were lost, the International Underwriting Association has stated. The EU…
Islamic financial activity in London is developing a growing maturity, the chief executive of the International Underwriting Association (IUA), has stated. Dave Matcham pointed to the growth of commercial sharia…
The International Underwriting Association has appointed Caroline Mullan as a project management consultant to assist with the implementation of various London Market modernisation initiatives. Caroline will be working on projects…
A new London company market committee is being established to discuss delegated underwriting authorities. The group will be operated by the International Underwriting Association and is being set up in…
The Prudential Regulatory Authority has proposed to raise its industry charge for ongoing regulatory activities by an average of 4.7%, but the cost to general insurance companies is set to…
IUA TO WORK WITH RISK MANAGERS ON DEVELOPMENT OF NEW INSURANCE PRODUCTS Efforts to boost the development of innovative insurance products in the London Market have received the support of…
Three key priorities have been identified by the International Underwriting Association to boost the London company market in 2015. A new business plan drawn up by the association focuses on…
New IUA research underlines international nature of business models The overall intellectual and economic premium total for the London company market in 2013 was £24.276bn, a new report by the…
Analysts are putting reinsurers’ new capital strategies under the microscope, Fitch Ratings tells London market, By James Brewer Big reinsurance companies are switching into alternative capital investments – already to…