Specialty
Tysers names Cooper director of marine and aviation
AUB is transferring Tysers retail units to Prestige once sale closes
Marine insurers reprice Middle East Gulf war risk following ceasefire
No consensus over new going hull rate but trend clearly down
Swiss Re names Revell global head of marine and energy
Revell has more than 30 years of reinsurance experience
Reinsurers exposed to $150bn in Iran war liabilities
Marine carriers bear more than $45bn in exposure on hull-only policies, while aviation hull liabilities come to about $35bn, says Guy Carpenter
Swiss Re names Revell global head of marine and energy
Revell has more than 30 years of reinsurance experience
Static approach to Middle East risk insufficient: WTW
The scale and spillover of the current crisis is drawing corporate operations and global supply chains directly into the conflict environment, according to WTW’s Patrick Rogers
Arch launches intellectual property consortium
$40m consortium is also backed by syndicates including Axis, Everest, QBE and Scor
Energy broker Ventura launches with BP Marsh backing
Lloyd’s broking firm is founded by former Miller broker Alex Taylor
Aviation pricing remains stable despite Middle East conflict
Outside the region, robust capacity continues to temper calls for a market correction
Tysers names Cooper director of marine and aviation
AUB is transferring Tysers retail units to Prestige once sale closes
Aviation lessor appeal will not reopen all risk versus war risk question
Leave to appeal given on several technical points concerning the scope and wording of the war cover
Acrisure London Wholesale expands into aviation
London market broker hires Marsh's Jonny Rowling to lead new practice
Aviation pricing remains stable despite Middle East conflict
Outside the region, robust capacity continues to temper calls for a market correction
Private credit: opportunity, opacity and insurance exposures
Transparency will be key for insurers as private credit expands into semi-liquid products and is increasingly sold to retail investors
Insurance Day publishes climate risk special report
With every key climate indicator now flashing red, re/insurers must up their game in tackling climate risk
Tysers names Cooper director of marine and aviation
AUB is transferring Tysers retail units to Prestige once sale closes
Political risk insurance demand set to spike as Middle East tensions grow
Growing appetite for cover as missile strikes and regional unpredictability heighten threats to businesses, survey finds
Trade credit insurers hope for change to EU capital rule
Insurers and trade bodies are calling for changes to ‘super conservative’ bank capital rule that is depressing demand for trade credit insurance
LMA pledges to work with US on political risk insurance for shippers
JWC secretary expresses doubt about US effort
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
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
Iran conflict widens political violence exposure across the Middle East
Escalation between the US, Israel and Iran is transforming political violence risk from a contained threat into a multi-jurisdictional accumulation challenge for insurers
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
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