Marine underwriters are warning that Red Sea turmoil is exposing significant gaps in cargo war cover, prompting calls to modernise decades‑old policy wordings before they end up tested in court

Larrondo will be responsible for leading the international development of the broker’s marine business

Independent panel could rule on whether military clashes constitute war for insurance payout purposes

Gothenburg-based marine mutual books surplus of $48m in 2025, as combined ratio trimmed to 97%

Climate policymakers warn of fossil fuel crisis, while insurance survey reveals energy leaders see continuation of oil and gas

A major loss, a withdrawal of capacity or a shift in reinsurance appetite could quickly change the direction of the market, Willis’s Michael Buckle says

Despite mounting loss activity and geopolitical volatility, the energy insurance market remains deeply soft, according to Willis

Revell has more than 30 years of reinsurance experience

London-based managing general continues product line expansion

A reduction in the number of flights could have a knock-on effect on insurers, WTW warns

Broker seeks to address gap in traditional hull war market with London market-backed product

Aviation war market has failed to learn from Russia as Middle East Gulf tensions test pricing, coordination and leadership, warns Hive chief executive, Bruce Carman

Chief of markets says underwriters must take steps to manage the cycle now to avoid ‘broader scale action’ as market turns

Marine underwriters are warning that Red Sea turmoil is exposing significant gaps in cargo war cover, prompting calls to modernise decades‑old policy wordings before they end up tested in court

Former Fidelis Insurance Group swings profit as it books 86.6% combined ratio

Sammons joins from Gallagher Re where he was UK head of aerospace

Many businesses found rising tariffs to be the most difficult political risk to manage, Willis survey finds

Growing appetite for cover as missile strikes and regional unpredictability heighten threats to businesses, survey finds

Insurers and trade bodies are calling for changes to ‘super conservative’ bank capital rule that is depressing demand for trade credit insurance

JWC secretary expresses doubt about US effort

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