The International Underwriting Association says London insurance market companies generated premiums of £49.2bn in 2025, which was 0.1% down on the previous year. The IUA collected data from 80 different firms and has published its findings in its London Company Market Statistics Report.

Zurich is set to take ownership of Beazley on 1st October following joint confirmation that they have secured the necessary regulatory approvals for the transaction to go ahead. Zurich first went public with an offer for Beazley in January this year, which it subsequently increased to approximately £8.1bn.

Poor signposting is leaving many non-standard customers having to start their search for cover from scratch if their initial application for cover is declined, according to a poll of brokers commissioned by managing general agent Prestige Underwriting and conducted by Context Skythorn.

Clear Group has moved from its previous London base at Great Tower Street and is now operational at its new headquarters which are located at 24 Monument Street in the City. The new premises accommodate all Clear’s London colleagues on a single floor within the building.

The Financial Conduct Authority has cancelled Professional Liability Network’s Part 4a permission to carry on regulated activities. The watchdog says the firm has not engaged in communications with it since mid-June 2025 and has failed to be “open and co-operative in all its dealings with the Authority.”

The UK property sector is becoming an increasingly attractive target for cyber criminals, according to intermediary Karis Insurance. The firm says the amount and sensitivity of data routinely collected from buyers, sellers, landlord and tenants is behind the 17% uptick in cyber attacks experienced by the sector.

The Financial Conduct Authority has launched a consultation seeking views on two proposed minor changes it believes will reduce the reporting burden for insurers. The regulator is planning to scrap the need to disclose the amount that the top 2% of claim pay-outs are above as well as details of a firm’s 5 largest distribution arrangements for individual products.

Allianz UK has enhanced both its appetite for digitally traded financial lines risks as well as the data enrichment capabilities applied during the quote process. The carrier says this will make it easier for brokers to submit a wider range of risks online through QuoteSME and imarket.

Data from Defaqto’s latest quarterly van insurance price index shows that premiums fell by 4.5% in the three months to August this year. Premiums fell by 1.8% in June, 1.9% in July and 0.9% in August and are now down by 11% on an annualised basis.

Aviva has teamed up with the Wildfowl and Wetlands Trust to support a five-year project that seeks to mitigate flood risk and make Bristol the first Ramsar-accredited wetland city in the UK. Data from Aviva shows that almost a third of homes in Bristol are at risk from river, coastal or surface water flooding.

Brown and Brown (Europe) Ltd has snapped up Alan R MacKay and Company Limited, trading as MacKay Corporate Insurance Brokers, which has offices in Glasgow, Ayr and Aberdeen. The deal marks Brown and Brown’s first acquisition in Scotland.

There were 18 announced deals in the UK insurance distribution sector between June and August, according to figures from MarshBerry. The consultancy says this is the lowest number recoded for the summer period since 2017. In the year to date, there have been 56 deals, down 16% on the 67 recorded las year.

Addept Insurance Services has teamed up with Moorhouse Group, which specialises in business and property owners insurance, to offer rent guarantee and legal expenses insurance to landlords with mixed and commercial portfolios. Moorhouse is part of Atec Group.

Allianz UK has refreshed its proposition for wholesale and retail businesses, which covers those with a turnover between £10m and £1.5bn. The carrier says the move comes on the back of market research that suggest two thirds (68%) of business leaders feel their organisation is vulnerable to supply chain disruption.

Zurich has added 1,400 trades to its e-traded SME combined liability proposition, which it has launched on Acturis Open Market and Zurich Online. The new proposition builds on Zurich’s existing SME commercial combined infrastructure, expanding the range of risks it can cover.

Aviva has developed a hybrid fronting proposition for managing general agents that it says combines fronting capabilities and risk retention. It will be available through Aviva’s Global, Corporate and Specialty division and is aimed at opportunities in excess of £20m gross written premium.