The London company market is maintaining its lead over Lloyd’s of London in writing marine and other transport insurance business, according to the International Underwriting Association (IUA).
The IUA represents underwriters from the so-called company market that write business in London outside Lloyd’s.
Its latest figures indicate its members have benefited from the Decile 10 project, launched by Lloyd’s in 2019 to scale down on loss-making business lines such as marine insurance.
