Specialty
Middle East cargo war premiums ‘halve’ in recent days
Further falls expected if peace holds, but rates may move up over next year, according to DP World
QBE appoints O’Brien head of P&I for Asia
O’Brien will be responsible for the performance and development of QBE-owned British Marine’s P&I portfolio across Asia
Chubb to lead Lloyd’s Hormuz marine war risk consortium
The consortium will provide up to $200m of capacity separately for hull and P&I risks
Some underwriters set to slash Hormuz war risk pricing in bid to grab market share
Brokers suggest some war risk carriers may take advantage of the slightly improved risk situation
NC Fusion facility plans first product launch this year
Tokio Marine GX and Northcourt’s nuclear fusion facility has attracted interest from the UK, Europe and the US, TMGX portfolio manager, Soheil Karimian, says
Renewables to continue softening through 2026
Rates for the best risks could fall by as much as 30% in 2026, according to WTW
New ways to price emerging risks
Lloyd’s Lab’s 16th cohort shows how innovation is moving beyond efficiency gains, with insurtechs seeking to give underwriters a clearer view of emerging exposures across cyber, artificial intelligence and battery assets
Bridging the Africa confidence gap
Many investors still approach Africa with a level of caution that often bears little resemblance to the realities on the ground
Systemic risk of growing concern for aviation underwriters
Underwriters are becoming more concerned about the systemic impact of risks originating from outside the aviation sector, IUAI research finds
Understanding aviation risk in Brazil’s agricultural sector
The seasonal concentration of losses, the variability of pilot quality, the constraints of the local repair environment and the expected emergence of autonomous platforms present challenges for the insurance market
Howden launches US aviation practice
Julio Jimenez to lead new practice targeting airlines, aerospace companies and aviation operators
Hive launches aviation reinsurance division
London-based managing general continues product line expansion
Insurers face growing pressure on expenses as market softens
Insurers must balance the need to keep costs under check while continuing to invest in AI and other technologies that will keep them competitive in the future
Middle East cargo war premiums ‘halve’ in recent days
Further falls expected if peace holds, but rates may move up over next year, according to DP World
NC Fusion facility plans first product launch this year
Tokio Marine GX and Northcourt’s nuclear fusion facility has attracted interest from the UK, Europe and the US, TMGX portfolio manager, Soheil Karimian, says
QBE appoints O’Brien head of P&I for Asia
O’Brien will be responsible for the performance and development of QBE-owned British Marine’s P&I portfolio across Asia
The political violence market must respond to growing grey zone threat
Political violence risk can no longer be assessed only through the lens of war or terrorism — it must also account for disruption that sits below the threshold of open conflict
Political risk ‘no longer confined to traditional hotspots’
Insurers and their clients will need to treat political risk as a permanent feature of the operating environment, warns WTW’s Sam Wilkin
Middle East conflict could become costliest PV loss on record
Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates
BPL launches reinsurance division
BPL Re will focus on credit, political risk and surety business
Middle East conflict could become costliest PV loss on record
Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates
War overtakes civil unrest as biggest political violence threat
Political violence and terrorism claims arising from Iran conflict could be higher than from the war in Ukraine, Allianz warns
Middle East tensions raise aggregation risks for terrorism insurers
Prolonged conflict could lead to stricter underwriting conditions and reduced capacity, particularly for risks linked to critical infrastructure and high-profile locations, analysts warn
Pool Re announces £2.75bn retrocession package
Pool Re hails record number of private reinsurance backers
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