Howden Re estimates insured losses could reach up to $3bn, putting the event on course to become the most expensive loss in the history of the war, terrorism and political violence market

Club remains ‘well placed’ thanks to capital position, members told

Marine mutual trims combined ratio to 106% as pool claims revert to normal levels, but performance lags top-ranking clubs

Marine insurers face Catch-22 blocking statute, Lloyd’s Market Association warns

Richème succeeds Juergen Cherreck who joined Axa in 2018

London market facility provides property damage and business interruption cover across the lifecycle of nuclear projects

Climate policymakers warn of fossil fuel crisis, while insurance survey reveals energy leaders see continuation of oil and gas

A major loss, a withdrawal of capacity or a shift in reinsurance appetite could quickly change the direction of the market, Willis’s Michael Buckle says

Howden Re estimates insured losses could reach up to $3bn, putting the event on course to become the most expensive loss in the history of the war, terrorism and political violence market

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

Julio Jimenez to lead new practice targeting airlines, aerospace companies and aviation operators

London-based managing general continues product line expansion

Club remains ‘well placed’ thanks to capital position, members told

Syndicate 1987 will focus on long-tails lines, including casualty re/insurance, political risk and trade credit

Property and casualty insurance premiums grew by 3.8% to €2.32bn last year, Allianz report finds, as pricing normalises after boom years

Carriers should be explicit about limits of coverage

Howden Re estimates insured losses could reach up to $3bn, putting the event on course to become the most expensive loss in the history of the war, terrorism and political violence market

BPL Re will focus on credit, political risk and surety business

Many businesses found rising tariffs to be the most difficult political risk to manage, Willis survey finds

Growing appetite for cover as missile strikes and regional unpredictability heighten threats to businesses, survey finds

Howden Re estimates insured losses could reach up to $3bn, putting the event on course to become the most expensive loss in the history of the war, terrorism and political violence market

Political violence and terrorism claims arising from Iran conflict could be higher than from the war in Ukraine, Allianz warns

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 hails record number of private reinsurance backers