Insight and Intelligence on the London & International Insurance Markets

9 February 2012

Ecclesiastical to wind down London market operations

10 September 2010

Following swiftly in Glacier Re's footsteps, specialist UK insurer Ecclesiastical also plans to begin the run-off of its London market business.

Ecclesiastical - which provides coverage for churches and charities - plans to cease underwriting on the existing portfolio of its subsidiary Ecclesiastical Underwriting Management Ltd (EUML), which was set up in 1989 to write worldwide property risks. The unit will stop writing new business and renewals from 30 September.

The insurer said it plans to concentrate on its core...

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