Specialty
Steamship Mutual confirms capital retention strategy in ‘challenging period’
Claims for current policy year higher than expected but in line with wider market, P&I clubs says
Baltimore bridge collapse trial set for June
Potential payout could substantially top $3bn upper limit on pool claims
‘Wide gulf’ between crew incompetence and negligence: NorthStandard
Admiralty Court ruling in Happy Aras highlights need for owner due diligence
Steamship Mutual opens Japan law office
Move will broaden members’ access to English law and claims advice
UIB appoints Spreadbury as head of renewables
Former Price Forbes head of renewables joins Lloyd’s broker
Westfield Specialty appoints Radbourne power and onshore renewables underwriter
Radbourne joins from MS Amlin, where he was power generation lead underwriter
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
Plugging the solar insurance gap
Innovative insurance can safeguard solar assets and strengthen the long-term viability of clean energy
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
Aviation market hardening to continue into 2026
Rate increases in the all-risks market are expected to be incremental and in line with those seen in 2025, according to Gallagher
Aviation reinsurance prices broadly flat at 1/1
Brokers report significant shift towards non-proportional placements amid profitability concerns
Steamship Mutual confirms capital retention strategy in ‘challenging period’
Claims for current policy year higher than expected but in line with wider market, P&I clubs says
Brit increases cyber consortium to $200m
Lloyd’s carrier upsizes flagship cyber consortium
Baltimore bridge collapse trial set for June
Potential payout could substantially top $3bn upper limit on pool claims
SiriusPoint hires Sakakeeny for North America P&C underwriting chief
Hartford executive joins Bermuda-based re/insurer in newly-created role
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
Lloyd’s becoming increasingly attractive for trade credit business
Coface execs say Lloyd’s new AA- credit rating, regulatory changes and global network paved the way for new trade credit syndicates
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
Australian terror pool issues notice on Bondi shootings
Cover becomes effective if federal minister declares shootings an act of terror
Pool Re’s Paul receives peerage
Appointment recognises Paul’s contribution to terrorism insurance and public service
Pool Re targets SME return to terrorism cover
Redesigned reinsurance scheme has seen more than £500m of terrorism risk returned to the private market in 2025, Pool Re chief executive says
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.