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Marine

Howden launches marine business in Japan

Brokerage expanded into Japan last year

Japan People moves

UK Club demands large rate hike

Third P&I insurer confirms substantial general increase next February

International Marine

Global marine premiums climb to $40bn

Global marine premiums rose slightly in 2024, as steady results in the hull and cargo markets offset an 8% drop in offshore energy, according to the International Union of Marine Insurance

International Marine

Shipowners’ Club weighs in with rate hike

Small craft specialist seeks general increase, with big increase in deductibles at next renewals

London International
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Energy

FM expands resilience credit to $825m

Company also sets up consultancy and analysis unit, FM Solutions

Climate change Property

Global renewable energy insurance premiums could reach $26bn by 2030

Global renewable energy capacity will nearly double to 8.5 terawatts by 2030, pushing insurers to adapt as solar, wind, and hydropower projects expand across established and emerging markets, Swiss Re forecasts

International Energy

Tokio Marine GX and Northcourt launch nuclear fusion insurance facility

New Lloyd's facility is designed to support the growth and commercialisation of nuclear fusion technology

Lloyds Specialty

Casper launches renewable energy MGA Tundra Specialty

New division marks the ‘first milestone’ in managing general agent's plan to broaden product footprint

United Kingdom Distribution
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Aviation

Tysers names Upton marine and aviation director

Lloyd's broker hires Castel executive to lead development of London market facultative solutions 

London Lloyds

Lockton Re names Bell head of aviation

Bell joins reinsurance broker from Aon

International Broker

Atrium warns on 2021 year of account amid aviation claims uncertainty

Lloyd’s carrier says decision will be take in the first quarter of next year on whether to close the 2021 year of account

London Lloyds

Capacity continues to temper airline rates: Gallagher

An ‘abundance’ of capacity is hampering efforts by carriers to raise prices as the busy final quarter for renewals gets under way

International Specialty
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Specialty

Reinsurance a ‘bright spot’ for IGI: Jabsheh

IGI's Waleed Jabsheh says the reinsurance segment continues to be the best-performing part of its business, with political violence, cyber and aviation performing particularly well

Reinsurance Specialty

UK Club demands large rate hike

Third P&I insurer confirms substantial general increase next February

International Marine

Fidelis Partnership launches construction consortium for AI data centres

MGU looks to tap into rising demand for capacity with $250m consortium 

International London

Specialty MGAs Nirvana and Pulse complete merger

Merger brings together a specialty MGA platform with capabilities across media, technology and cyber, accident and health, non-standard life and sports lines

Specialty Mergers and Acquisitions
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Political Risk & Trade

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

London Canopius

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

United Kingdom Legal focus

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

International Howden

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

Europe Lloyds
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Terrorism

Pool Re rewires UK terrorism backstop to tackle SME protection gap

Chief underwriting officer, Jonathan Gray, discusses Pool Re’s structural overhaul and what it means for insurers, SMEs and the future of terrorism protection

United Kingdom Terrorism

MGA Samphire acquired in Kantara Capital-backed MBO

Investment vehicle of CFC founders David Walsh and Graeme Newman supports buyout of crisis management specialist MGA

London Mergers and Acquisitions

WTW launches $200m cargo facility

New facility is designed to safeguard cargo owners from geopolitical risks such as terrorism, war and political violence

International Willis Towers Watson

LA protests force rethink of SRCC coverage

Recent unrest in Los Angeles has reignited concern over the insurance industry's approach to strikes, riots and civil commotion cover, exposing definitional grey areas, silent coverage risks and an urgent need for modernised risk assessment tools, according to experts

North America United States
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