Specialty
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
NorthStandard unveils ‘responsible’ rate increase
Second-largest club seeking higher premiums and deductibles for both P&I and FD&D
The burning issue of transporting EVs by sea
Fire safety will be a key priority for the shipping industry over the coming years, with improved regulatory frameworks and technological advances shaping the industry's response to these challenges
London Club becomes latest to unveil rate hike
Members face target increase of 6% next February
Aon launches transition risk framework
Broker’s new framework seeks to drive re/insurer engagement with the sustainable energy sector
Rate softening continues in energy insurance market: Willis
Upstream and downstream energy see continued softening, despite experiencing different loss environments
Macquarie launches London underwriting business
Longbrook Insurance will offer transaction liability and energy cover
FM expands resilience credit to $825m
Company also sets up consultancy and analysis unit, FM Solutions
Reasonable recovery and grip of peril considered in landmark rulings
Recent decisions of English courts have given helpful guidance on the steps assureds should take to mitigate losses, as well as giving clarity on the scope of the grip of peril doctrine
Tysers names Upton marine and aviation director
Lloyd's broker hires Castel executive to lead development of London market facultative solutions
Lockton Re names Bell head of aviation
Bell joins reinsurance broker from Aon
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
Insurers must prepare for the risk multiplier that is global supply chain disruption
As supply chains grow more complex and geopolitics more volatile, insurers face a surge in claims and legal challenges that cut across jurisdictions. Preparation now means anticipating where the next claims will arise, and how they will be resolved
NorthStandard unveils ‘responsible’ rate increase
Second-largest club seeking higher premiums and deductibles for both P&I and FD&D
Global non-life premium growth to slow: Swiss Re
State interventionism may boost some lines, but create supply chain risks
Rokstone launches cyber division
Aventum-owned managing general agent hires Miller’s head of cyber to lead new unit
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
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
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
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
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
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
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
WTW launches $200m cargo facility
New facility is designed to safeguard cargo owners from geopolitical risks such as terrorism, war and political violence
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