Specialty
Hive expands marine platform with senior hires
Alistair Marriott named head of marine and Jared Short appointed head of transport and logistics
P&I renewal market looks ‘pretty hard’: Lockton
International Group affiliates seeking higher premiums and largely getting them
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
Optio acquires Norwegian MGA AGS Forsikring
Acquisition aims to expand Optio’s Scandinavian footprint, adding capabilities in energy, sport and fine art insurance
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
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
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
Alternative capital and captive insurance needed for data centre boom
As the size and value of new data centre builds escalates, brokers will need to be creative about finding capacity, Allianz’s Ed Croxford tells the Insurance Day podcast
LSM names Louth head of aviation
Louth joins insurer from Willis where he was head of broking for global aviation and space
Optio acquires Norwegian MGA AGS Forsikring
Acquisition aims to expand Optio’s Scandinavian footprint, adding capabilities in energy, sport and fine art insurance
Hive expands marine platform with senior hires
Alistair Marriott named head of marine and Jared Short appointed head of transport and logistics
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
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