London remains the global leader in risk transfer by both size and market share, according to a report published by the London Market Group today.

In marine and aviation, London has a 45% market share, according to the organisation’s 2026 London Matters report. It is also the largest cyber insurance market in Europe, with more than 800 firms now providing cyber security products and services, around 30% more than in 2022.

Chris Lay, chair of the London Market Group, said: “London remains the global leader in risk transfer, demonstrated by its growth in absolute size and market share. Yet we cannot be complacent as, whilst much smaller than London, some other jurisdictions have grown faster in recent years."


See the next issue of CIR Magazine for more on this report.

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