London Market Quarterly
London Market Quarterly, Spring 2024: An eye on what the market needs to know
22 May 2024
Welcome to the Spring 2024 edition of ‘London Market Quarterly’; a digest of cases, news and information for those working in the Lloyd’s and London Market.
In this edition we look at recent and ongoing cases involving the Aviation sector arising from the Ukraine-Russia conflict, the Covid BI litigation, the Director and officers and the Energy sector.
We also look at the status of the Vesttoo fraud and consider some regulatory changes that are likely to impact the market.
As ever, if you would like to discuss any of the matters below, do not hesitate to get in touch with our London Market Team.
Where to find us
Over the next few weeks and months members of our London Market Team will be attending the following events and would be very happy to catch up with clients and contacts who are also attending:
- 10 July - MGAA Conference
- 8-11 September – 66th Reinsurance Rendezvous
- 7 November – MGAA Claims Conference
Our people
Francis Mackie
Partner
Colin Peck
Partner
Sam Zaozirny
Senior Associate
Laura Brown
Senior Associate
Related expertise
You may be interested in...
03 December 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ - London Market Quarterly
London Market Quarterly December 2024: An eye on what the market needs to know
25 November 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
The ‘grate’ cheese robbery: Implications for insurance professionals
25 November 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Environmental crime and the impact for insurers
25 November 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Carbon fraud prompts insurance response
25 November 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
What might a Trump victory mean for the UK insurance industry?
25 November 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Post Office scandal: Lessons for underwriters
25 November 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Weather protection parametric insurance: A sign of things to come?
28 October 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Updates to the UK’s Arbitration Bill
28 October 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Ozempic: The rising costs and coverage issues of weight loss medication
28 October 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ - Employment Rights Bill
What does the Employment Rights Bill mean for employment practices liability insurance?
28 October 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
ICAEW: Changes to PII requirements
28 October 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Contractor insolvency: Peabody Trust v NHBC
17 October 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
By a narrow 2 to 1 majority, the Court of Appeal finds in favour of insurers in the construction of an exclusion clause in a W&I policy
23 September 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
LMA binders’ consultation
23 September 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Smooth sailing ahead: The LMA's new Open Form Default Clause
23 September 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
PFAS: The issue that won’t go away
23 September 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Oklahoma earthquake: Racial discrimination in adjudication
23 September 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Will the Online Safety Act help reduce Google ad spoofing in insurance?
23 September 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Latest short-term insurance trends
29 August 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ - The Word
The Word, August 2024
09 August 2024
Published Article - Consumer Duty
General insurance claims: The consumer duty’s easy target? (part 2: ‘a history of warnings’)
29 July 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Words matter: Another case on the importance of accurate drafting
29 July 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
How might AI impact insurer climate targets?
29 July 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
London Fire Brigade to stop attending for automatic fire alarms: Implications for insurers
29 July 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Navigating Oil Price Cap legislation: LMA issues revised Cargo and Hull wordings
29 July 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
It’s not cricket: Insurers change their mind about jurisdiction
23 July 2024
Press Release
°ÄÃÅÁùºÏ²Ê×ÊÁÏ survey finds 38% of insurers considering pulling out of the solicitors PII market
27 June 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Court of Appeal upholds decision on professional indemnity policy exclusions in insurer's appeal
27 June 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
Multi-occupancy building insurance: Latest tribunal decision
27 June 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ - The Word
The Word, June 2024
28 May 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ - Consumer Duty
Updated UK Consumer Wordings Guidance: °ÄÃÅÁùºÏ²Ê×ÊÁÏ collaborates with the LMA
28 May 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ - Consumer Duty
From products to protection: The rise of embedded insurance
28 May 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ - The Word
The Word, May 2024
24 May 2024
Published Article - Consumer Duty
General insurance claims: The Consumer Duty’s easy target?
22 May 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ - London Market Quarterly
London Market Quarterly, Spring 2024: An eye on what the market needs to know
30 April 2024
Published Article
English Commercial Court rules against Russian exclusive jurisdiction clauses
24 April 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
The Baltimore bridge collapse: One of the biggest losses in maritime insurance history?
24 April 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
The EU AI Act: What does it mean for insurers?
24 April 2024
°ÄÃÅÁùºÏ²Ê×ÊÁÏ
FCA and FOS set out strategic plans for 2024 and beyond
24 April 2024