
Mona Patel Partner
Chapter 15 - England and Wales
The UK insurance and reinsurance industry is the largest in Europe and the fourth-largest in the world. Commercial insurance business in the UK is dominated by the ‘London Market’, which today is the world’s leading market for internationally traded insurance and reinsurance.
The London Market has two strands: the company market and the Lloyd’s market. Traditionally it has been primarily a ‘subscription market’ in which the broker plays a crucial role in producing business and placing risks with a variety of insurers willing to accept a share.
As its name suggests, the company market is composed of corporate insurers and reinsurers. It is organised through a market body, the International Underwriting Association, and operates principally out of the London Underwriting Centre building and its environs
Read the full chapter here.
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We are delighted to announce that Dan Crockford has recently been appointed as Head of Office for Ince (Bristol).
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We are delighted to share with you Simon Cooper's input as Contributing Editor to this year's Chambers Global Practice Guides - Insurance & Reinsurance 2022.
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The firm maintained its high rankings in Shipping and Insurance across China and Hong Kong jurisdictions.