Allianz Commercial marine head counsels caution on using hundreds of millions of dollars in extra income from Black Sea and Red Sea crises to win increased share of H&M market

Other vessel involved in Singapore collision is VLCC carrying Iranian oil and ‘unlikely to be insured with the conventional market,’ according to underwriter sources

Issue not on the agenda of P&I clubs, senior figure says, in response to call from influential broker

A windfall worth hundreds of millions of dollars to marine underwriters is being used to keep prices down in other lines, brokers contend

New technologies and the increasing scale of renewable energy projects will help the energy transition, but will also present a significant risk for the industry

Nine-figure deal pencilled in to complete at start of 2025

New TRX risk code will allow syndicates to ‘dip their toe’ into transition risk

Energy producers want more comprehensive and multi-line coverage options, survey finds

The CrowdStrike incident serves as a stark reminder not all cyber or technology loss events are deliberate attacks

Early accidents could deter insurers from providing cover, trade body warns in consultation response

Underwriters are being affected by softening direct rates and a hardening reinsurance market

Extended drone use in the UK creates risks but also allows insurers to gather more data

D’Alessandro joins follow-only syndicate from QBE, where he was portfolio manager for Australia and New Zealand

Reinsurance and global risks arm of Spanish giant trims combined ratio to 95.1% amid lower catastrophe losses and reinsurance premium growth

Liberty Mutual executive joins Bermuda-based specialty insurer to drive growth across the US, Canada and the wider Americas region

Allianz Commercial marine head counsels caution on using hundreds of millions of dollars in extra income from Black Sea and Red Sea crises to win increased share of H&M market

Nearly three-quarters of respondents say they fear elections will have an impact on their international operations and ability to trade, Beazley survey finds

Supply chains are at increased risk of interruption by hostile actors, with Houthi attacks in the Red Sea forcing shipowners to reroute vessels

With at least 18 elections scheduled to take place this year in Africa, insurers will need to keep an eye on risk dynamics and the profiles of insured assets and policy contracts

From February 20 pre-voyage attestations required for all tankers calling at Russia, affecting about 41% of tankers covered by Western insurers, a proxy for price cap compliance, based on January callings

Regardless of who wins the UK election, there will be new duties in relation to the protection of the public, which will have insurance implications

Technology may help propaganda and targeting efforts, but extremists will adopt it slowly, Pool Re report finds

New facility, which is led by Chaucer, has up to $500m limit per policy for terrorism

Nearly three-quarters of respondents say they fear elections will have an impact on their international operations and ability to trade, Beazley survey finds