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Marine

Chubb to lead Lloyd’s Hormuz marine war risk consortium

The consortium will provide up to $200m of capacity separately for hull and P&I risks

Strait of Hormuz crisis Specialty

Some underwriters set to slash Hormuz war risk pricing in bid to grab market share

Brokers suggest some war risk carriers may take advantage of the slightly improved risk situation

Strait of Hormuz crisis Middle East and Africa

Trump war risk scheme ‘ready when needed’

Chubb-led $40bn war risk scheme can be launched, when necessary, government official confirms

Strait of Hormuz crisis Marine

Hormuz fallout will change marine insurance permanently, argues Willis

Distinction between war risk and core coverage no longer valid, head of hull at heavyweight broker contends

Strait of Hormuz crisis Marine
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Energy

Renewables to continue softening through 2026

Rates for the best risks could fall by as much as 30% in 2026, according to WTW

Broker Specialty

New ways to price emerging risks

Lloyd’s Lab’s 16th cohort shows how innovation is moving beyond efficiency gains, with insurtechs seeking to give underwriters a clearer view of emerging exposures across cyber, artificial intelligence and battery assets

Innovation Cyber

Bridging the Africa confidence gap

Many investors still approach Africa with a level of caution that often bears little resemblance to the realities on the ground

Viewpoint Energy

What rebuilding nuclear power means for UK insurers

While the next generation of nuclear power offers significant growth opportunities, it also introduces a new generation of risks that require careful calibration of policy wordings, aggregation management and capital deployment

Specialty Casualty
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Aviation

Systemic risk of growing concern for aviation underwriters

Underwriters are becoming more concerned about the systemic impact of risks originating from outside the aviation sector, IUAI research finds

Specialty Aviation

Understanding aviation risk in Brazil’s agricultural sector

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

Specialty Aviation

Howden launches US aviation practice

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

Aviation Howden

Hive launches aviation reinsurance division

London-based managing general continues product line expansion

London Specialty
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Specialty

Ireland’s ‘thriving’ insurtech sector ‘could be European leader’

EU connections, ample labour force and supportive government provide an ideal environment for a growing sector

Insurtech Specialty

Aviva announces rebrand of Lloyd’s business Probitas

Move is part of Aviva’s work to incorporate the Lloyd’s platform into its global corporate and specialty business

Specialty London

Chubb to lead Lloyd’s Hormuz marine war risk consortium

The consortium will provide up to $200m of capacity separately for hull and P&I risks

Strait of Hormuz crisis Specialty

The political violence market must respond to growing grey zone threat

Political violence risk can no longer be assessed only through the lens of war or terrorism — it must also account for disruption that sits below the threshold of open conflict

Property Political Risk and Trade
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Political Risk & Trade

The political violence market must respond to growing grey zone threat

Political violence risk can no longer be assessed only through the lens of war or terrorism — it must also account for disruption that sits below the threshold of open conflict

Property Political Risk and Trade

Political risk ‘no longer confined to traditional hotspots’

Insurers and their clients will need to treat political risk as a permanent feature of the operating environment, warns WTW’s Sam Wilkin

International Strait of Hormuz crisis

Middle East conflict could become costliest PV loss on record

Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates

Strait of Hormuz crisis Property

BPL launches reinsurance division

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

London Broker
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Terrorism

Middle East conflict could become costliest PV loss on record

Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates

Strait of Hormuz crisis Property

War overtakes civil unrest as biggest political violence threat

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

International Property

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

Strait of Hormuz crisis International

Pool Re announces £2.75bn retrocession package

Pool Re hails record number of private reinsurance backers

United Kingdom Property
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