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Research show that London insurance market even more successful than previously thought

According to recent research carried out by the International Underwriting Association (IUA), insurers in London are doing more business than anyone had previously thought.

Good news for the employers and great news for London, which has long been seen as the world's leading city for insurance and reinsurance. 

The research, which looked at 57 companies across the market, and which you can access here, showed that City insurers wrote £39bn of gross premium in 2010, some £9bn more than the previous estimate.

The figure of £39bn comprises more than £22bn from the Lloyd's market, and more than £16bn from insurers outside of the Lloyd's market.  

That isn't the limit of the influence of the London market, since the figures above only reflect business written in London, not the billions of pounds of business written globally but controlled from London. 

If you are interested in finding out more about Lloyd's and the London Market, why not look at the Lloyd's profile here. If you fancy working in the London Market and being part of the key market in the world, take a look at the CII's Award in London Market Insurance qualification here.
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