Iran has expanded its Strait of Hormuz blacklist to 76 vessels and warned insurers, P&I clubs and classification societies against servicing them

Dean Johnson named head of transport and logistic and Rhys O’Neill appointed head of marine liability.

The rise in attritional attacks across the Black Sea, Red Sea and Middle East are forcing underwriters to look beyond listed areas when assessing marine war exposure, according to Clearwater Underwriting CUO Richard Young

Specialist cover, rising trade volumes and regional expansion are to support the sector, even as soft pricing persists in traditional marine classes

Iranian targeting becoming more sophisticated, underwriter warns, as latest Houthi advances cause concern

While the deterioration was a surprise, senior market figures said the $2.8bn loss was not a market-moving event for marine reinsurance renewals

Payouts down from 2024/25 but still ‘elevated’, Cefor statistics reveal

Failure to meet ISPM 15 requirements can trigger detention, fumigation, repacking, re-export and other costs, even when the insured cargo itself is undamaged

The headline safety trend for hull & yacht is positive, cargo underwriting is increasingly an exercise in understanding accumulation, and the opportunity for shipyards lies in a strong construction and refit pipeline

Re/insurers and their clients face the challenge of keeping up with changes to sanctions and sanctions regimes

Dali claim already in collective overspill layer and may yet bust it, Gallagher warns

London company market transacted nearly £11.3bn in treaty reinsurance premiums in 2025