Specialty
Joint war committee revises listed areas following Iran strikes
The JWC confirmed that Bahrain, Djibouti, Kuwait, Oman and Qatar have been added to the listed areas for hull war, piracy, terrorism and related perils
Marine underwriters reassess Gulf exposures after Iran strikes
Insurers invoke cancellation clauses, reprice Hormuz transits and tighten underwriting as the US-Israel strikes on Iran heighten fears of shipping disruption
Uninsured shadow fleet vessels are a growing concern for insurers
The increasing threat of collisions involving dark fleet vessels is becoming a serious issue for marine insurers, legal experts and underwriters say. Concerted action is needed
West confident on beating last year’s underwriting performance
Marine mutual happy to take things slow with hull and war books, chief executive Bowsher says
Oka partners with 1089 to back insured carbon asset
New framework embeds invalidation risk cover into advanced fuels credits in bid to strengthen carbon market structure
Battle lines drawn for critical minerals
Competition for critical minerals is heating up between the developers of data centres and the producers of clean energy
Pre-disaster insurance market is growing: Napiorkowski
‘We can boost climate finance by spreading the word about technology performance insurance,’ Ariel Green managing director Jan Napiorkowski says
Skyward Specialty deal geared towards growth: Apollo’s Slaughter
Apollo’s chief underwriting officer James Slaughter discusses the Lloyd’s carrier’s acquisition by Skyward Specialty, smart follow underwriting and opportunities in drone insurance
Aviation safety is a product of the many and not the few
The sustained reduction in aviation fatalities is the result of continuous effort by countless individuals and organisations
LSM names Louth head of aviation
Louth joins insurer from Willis where he was head of broking for global aviation and space
Willis re-enters light and recreational aviation sector
Broker returns to the market for the first time in 30 years following arrival of Crispin Speers team
Marine and aviation insurers ‘most exposed to Venezuela spillover risk’
Geopolitical developments tied to Venezuela are sharpening tail risk for specialty insurers, particularly in marine, aviation and political risk, despite minimal direct exposure to the country
K2 launches international professional liability business
K2 acquired D&O book from Rising Edge last month
Acrisure expands into London construction lines
Acrisure exec calls hiring ‘an important step’
Zurich finalises £8.2bn bid for Beazley
Zurich offers 1,335 pence per share, slightly above current LSE quote
Oka partners with 1089 to back insured carbon asset
New framework embeds invalidation risk cover into advanced fuels credits in bid to strengthen carbon market structure
Joint war committee revises listed areas following Iran strikes
The JWC confirmed that Bahrain, Djibouti, Kuwait, Oman and Qatar have been added to the listed areas for hull war, piracy, terrorism and related perils
Canopius appoints Kimber credit and political risk underwriter
Kimber joins from Swiss Re, where he led the sovereign credit and political risk insurance team across Europe, Middle East and Africa
Interpreting political risk and political violence coverage
The judgement in Hamilton Corporate Member and others v Afghan Global Insurance provides a pragmatic interpretative framework for differentiating political risk from political violence in the context of English insurance law
Multinationals face rising political risk exposure: Howden
Half of multinational companies experienced political risk losses between 2020 and 2025, with some exceeding $100m, survey finds
Joint war committee revises listed areas following Iran strikes
The JWC confirmed that Bahrain, Djibouti, Kuwait, Oman and Qatar have been added to the listed areas for hull war, piracy, terrorism and related perils
UK civil unrest could trigger losses exceeding £4bn
Policing incidents, overseas conflicts and financial shocks could spark disorder capable of causing unprecedented insured losses, according to modelling firm Synthetik
UK P&I Club maintains $500m war risks P&I limit
2026 renewal preserves existing war risks limits alongside exclusions relating to Russia, Ukraine and Belarus
US terrorism rates fall as competition heats up
On average terrorism policyholders experienced a price decrease of 10.4% in the final quarter of 2025, according to WTW
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