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Marine

Lloyd’s Register backs claims of surge in off-spec marine fuels

Comments come after recent similar findings from VPS Veritas, but marine insurers divided over claims frequency trends

Specialty Marine

Russia crude ban would cost marine underwriters hundreds of millions of dollars

EU measures likely to shut down the trade in most cases, as legal profession mulls scope for lawful workarounds

Europe Russian Federation

UK P&I Club maintains $500m war risks P&I limit

2026 renewal preserves existing war risks limits alongside exclusions relating to Russia, Ukraine and Belarus

United Kingdom Terrorism

Shadow fleet vessels raise insurance coverage concerns

The recent seizures of shadow fleet vessels have both legal and geopolitical consequences with significant environmental, navigational and insurance risks

Legal focus Specialty
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Energy

Skyward Specialty deal geared towards growth: Apollo’s Slaughter

Apollo’s chief underwriting officer James Slaughter discusses the Lloyd’s carrier’s acquisition by Skyward Specialty, smart follow underwriting and opportunities in drone insurance

Specialty Mergers and Acquisitions

Canopius consolidates natural resources team

Natural resources consolidation will allow specialty re/insurer's underwriters to work with brokers to create bespoke, cross-class solutions

Canopius Specialty

Axa XL joins Nuclear Energy Maritime Organization

Specialist re/insurer joins organisation committed to the integration of nuclear technology into shipping

Energy Innovation

Are ageing solar panels Britain’s next fire hazard?

Rooftop solar panels are developing a recognisable claims profile, with fires linked to ageing equipment, inconsistent installation practices and a lack of routine maintenance

Property Risk Management
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Aviation

LSM names Louth head of aviation

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

London Specialty

Willis re-enters light and recreational aviation sector

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

International Willis Towers Watson

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
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Specialty

War risk in the spotlight for French risk managers

Attendees at the 33rd Rencontres de l’Amrae reported a largely soft market, but risks such as war and riot are complicating programmes

Specialty Property

The Gulf region’s cyber risk profile is evolving rapidly

The region is undergoing large-scale digital transformation, with governments and businesses adopting cloud, IoT, smart city infrastructure and digitised public services as part of economic diversification plans

Cyber Legal focus

Artificial Labs launches agentic AI unit

AgLabs will focus on the development of agentic artificial intelligence in specialty insurance

London Insurtech

Specialty MGA appoints Tayler to lead A&H build out

Neil Tayler will be responsible for building a dedicated A&H book, focusing on both UK and global opportunities

United Kingdom Specialty
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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

UK P&I Club maintains $500m war risks P&I limit

2026 renewal preserves existing war risks limits alongside exclusions relating to Russia, Ukraine and Belarus

United Kingdom Terrorism

US terrorism rates fall as competition heats up

On average terrorism policyholders experienced a price decrease of 10.4% in the final quarter of 2025, according to WTW

United States Property

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
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