London Market Principles

The London Market Principles refer to the core practices that guide the insurance and reinsurance industry in London, which is a global hub for these services. These principles emphasize transparency, shared risk, confidentiality, and a focus on expert judgment. They promote collaborative relationships between insurers, brokers, and clients, ensuring fair dealings and efficient operations. Essentially, they help maintain trust and integrity in complex insurance transactions, enabling insurers to pool risks effectively and deliver tailored coverage while upholding high standards of professionalism and ethical conduct.