Specialty
Markel remains committed to Black Sea and Red Sea hull and cargo war markets
Lloyd’s insurer will stay course even where rivals pull out after reinsurance jitters, its director of marine says
Re/insurers indicate manageable Baltimore bridge losses
The Francis Scott Key Bridge incident likely to be the largest marine loss in history, but re/insurers are guiding to losses from the Baltimore bridge collapse being within expectations
Rokstone launches Allianz-backed marine cargo facility
London-based facility builds on MGA's existing relationship with Allianz on North American marine business
IGI 'excited' by reinsurance opportunities: Jabsheh
Waleed Jabsheh says International General Insurance hopes to get ‘sliver’ of Lloyd’s business as new box opens for business
IGI 'excited' by reinsurance opportunities: Jabsheh
Waleed Jabsheh says International General Insurance hopes to get ‘sliver’ of Lloyd’s business as new box opens for business
Clean energy is much more than a climate change solution: McGill's Sexton
Broker’s head of renewables, power and energy describes an evolving market that embraces climate, security of supply and geopolitical risks
Amboss launches with takeover of Oilfield’s Switzerland business
Managing general agent will focus on energy sector and climate transition
CFC launches renewable energy M&A team
New team will focus on underwriting specific transaction risks associated with renewable energy projects
Gallagher predicts strong capacity in general aviation
Broker says ‘saturation’ in airlines is leading insurers to move to non-commercial aviation
Viewpoint: Turbulence ahead for the aviation insurance market
The frequency of catastrophic aviation losses has slowed in recent years but their severity has increased
Acrisure launches aerospace division
The new division brings together several Acrisure businesses under the leadership of managing partner, Jason Riley
Rokstone expands US aviation team with three hires
Managing general agent hires industry experts from AIG, Starr and Lockton
Insurance sector's interest in carbon capture market gathers pace
Aon has become the latest company to create a product supporting the emerging carbon capture and storage sector
Markel remains committed to Black Sea and Red Sea hull and cargo war markets
Lloyd’s insurer will stay course even where rivals pull out after reinsurance jitters, its director of marine says
North America commercial rates begin to stabilise: WTW
Ample capacity is available across many lines of business, the broker says
Everest launches Australian insurance business
Carrier advances its international insurance expansion strategy with new operation
Businesses worried about 2024 election unrest
Nearly three-quarters of respondents say they fear elections will have an impact on their international operations and ability to trade, Beazley survey finds
Viewpoint: Black flag on the high seas
Supply chains are at increased risk of interruption by hostile actors, with Houthi attacks in the Red Sea forcing shipowners to reroute vessels
Viewpoint: Assessing risks in a big year for African democracy
With at least 18 elections scheduled to take place this year in Africa, insurers will need to keep an eye on risk dynamics and the profiles of insured assets and policy contracts
Marine insurers face extra due diligence in Russia oil price cap crackdown
From February 20 pre-voyage attestations required for all tankers calling at Russia, affecting about 41% of tankers covered by Western insurers, a proxy for price cap compliance, based on January callings
Evolin launches terrorism facility
New facility, which is led by Chaucer, has up to $500m limit per policy for terrorism
Businesses worried about 2024 election unrest
Nearly three-quarters of respondents say they fear elections will have an impact on their international operations and ability to trade, Beazley survey finds
Pool Re members and Treasury approve treaty change
Formal approval is a ‘clear and exciting mandate’ for modernisation, terrorism reinsurer's chief executive, Tom Clementi, says
Insurance regulators must plan for a catastrophic event: FIO’s Seitz
Federal Insurance Office director highlights the ways re/insurers must address terrorism, cyber and climate risk
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