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60% of all aviation insurance that is provided across the globe comes stems from the UK market This translates to 52% of all energy insurance worldwide, as well as 33% of all shipping insurance The £60bn worth of premiums which are written by the London Market on an annual basis surpass the Bermuda market by almost double. The United Kingdom- and particularly the City of London, has always had a special relationship with the insurance industry. London s fast-paced coffee culture back in the 17th century gave rise to the prominent and world-renowned maritime insurance industry. This facilitated Britain s standing as a trading superpower and eventually led to the launch of the world s first ever fire insurance companies- in light of the Great Fire of 1666, which conducted business not only within the UK, but abroad as well.

City of londonCity ofUnited kingdomEdward llyodEuropean unionDevelopment of the united kingdom insurance industryLondon marketGreat fireGlobal insurance industryUnited kingdom insuranceLondon insuranceநகரம் ஆஃப் லண்டன்நகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்ஐரோப்பிய தொழிற்சங்கம்லண்டன் சந்தை