Nearly all shipowners and marine insurers will still have to stick to UK and EU rules, legal experts say

The limits of what insurance can achieve are becoming clear as the Strait of Hormuz crisis enters its third week

Any future insurance for these vessels would need to be ‘bespoke, extremely high in value and likely supported by governments’, Axa XL’s Vicky Roberts-Mills and Jarek Klimczak say

AM Best warns on regional and global impacts of a prolonged war in the Middle East

Lloyd’s broking firm is founded by former Miller broker Alex Taylor

Any future insurance for these vessels would need to be ‘bespoke, extremely high in value and likely supported by governments’, Axa XL’s Vicky Roberts-Mills and Jarek Klimczak say

Costlier energy is only one in a pileup of risks facing re/insurers for many months to come

Big Tech is open to renewables and may find innovative ways to save energy — but uninterrupted power is the first priority, WTW experts say

The insurer’s head of Southern Europe, Julien Guénot, worries about cyber risk volatility and loss deterioration in casualty lines

The sustained reduction in aviation fatalities is the result of continuous effort by countless individuals and organisations

Louth joins insurer from Willis where he was head of broking for global aviation and space

Broker returns to the market for the first time in 30 years following arrival of Crispin Speers team 

Prolonged conflict could lead to stricter underwriting conditions and reduced capacity, particularly for risks linked to critical infrastructure and high-profile locations, analysts warn

Expansion of Lloyd’s platform drives growth at Bermuda-based underwriting group

The push for organisations to adopt artificial intelligence into their workflow has rapidly made some AI tools ‘significant points of aggregation’, according to CyberCube CEO

Nearly all shipowners and marine insurers will still have to stick to UK and EU rules, legal experts say

JWC secretary expresses doubt about US effort

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

Kimber joins from Swiss Re, where he led the sovereign credit and political risk insurance team across Europe, Middle East and Africa

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

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

Escalation between the US, Israel and Iran is transforming political violence risk from a contained threat into a multi-jurisdictional accumulation challenge for insurers

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