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Marine

All-in vessel insurance costs unchanged after flat 2025

Baltic Investor Indices data points to stability in marine market, despite soft hull renewals at January 1

International Specialty

Lloyd’s takes fake war risk cover case to appeal

Vyssos case important for understanding of Institute Hull Clauses

Marine Ukraine crisis

Lloyd’s Register unveils maritime nuclear consortium

UK-led maritime consortium sets out plan for nuclear-powered fleet to tackle one of the toughest challenges in the clean energy transition

United Kingdom Climate change

Cargo claim rejected after ‘dereliction of duty’ caused bulker to ground

Ruling in Unity Ship Group v Euroins Insurance – known as the Happy Aras case – underlines the need for shipowners to demonstrate due diligence in crew selection and supervision

London Specialty
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Energy

UIB appoints Spreadbury as head of renewables

Former Price Forbes head of renewables joins Lloyd’s broker

Lloyds London

Westfield Specialty appoints Radbourne power and onshore renewables underwriter

Radbourne joins from MS Amlin, where he was power generation lead underwriter

People moves Europe

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

Venezuela Marine

Plugging the solar insurance gap

Innovative insurance can safeguard solar assets and strengthen the long-term viability of clean energy

International Specialty
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Aviation

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

Venezuela Marine

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

International Specialty

Aviation reinsurance prices broadly flat at 1/1

Brokers report significant shift towards non-proportional placements amid profitability concerns

International Reinsurance

Inside the new space race

Today’s space environment is shaped by a new generation of operators pursuing unprecedented scale and innovation, creating new exposures for them and their insurers

Viewpoint Specialty
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Specialty

AI-related losses plausible but unlikely: LMA

Losses in professional indemnity, accident and health and cyber lines deemed to be ‘credible’ real-world risks, LMA study finds

London Specialty

All-in vessel insurance costs unchanged after flat 2025

Baltic Investor Indices data points to stability in marine market, despite soft hull renewals at January 1

International Specialty

The Fidelis Partnership names broker relationships head

Khan will work with both the Fidelis Partnership and Pine Walk MGAs on the firm’s broker strategy

Bermuda Specialty

Howden launches US cyber practice

Broker appoints Juliet White as head of cyber and Lou Botticelli cyber brokerage leader

Cyber Howden
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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

Australian terror pool issues notice on Bondi shootings

Cover becomes effective if federal minister declares shootings an act of terror

Australia Reinsurance

Pool Re’s Paul receives peerage

Appointment recognises Paul’s contribution to terrorism insurance and public service

United Kingdom Terrorism

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

United Kingdom Terrorism

The growing arsenal of marine war risks

Maritime operators face a combination of traditional threats, a deteriorating international situation, and new weapons and tactics, from drones to spoofing

International Special Report
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