While the deterioration was a surprise, senior market figures said the $2.8bn loss was not a market-moving event for marine reinsurance renewals

Payouts down from 2024/25 but still ‘elevated’, Cefor statistics reveal

Failure to meet ISPM 15 requirements can trigger detention, fumigation, repacking, re-export and other costs, even when the insured cargo itself is undamaged

The headline safety trend for hull & yacht is positive, cargo underwriting is increasingly an exercise in understanding accumulation, and the opportunity for shipyards lies in a strong construction and refit pipeline

MGA hires Tokio Marine Kiln's Hook to lead new proposition

Data centre stakeholders can better manage longer-term climate risks, such as heat and drought, that may increase cooling costs, squeeze margins and threaten insurability

Expanded facility will provide cover for earthquake, flood, wildfire, windstorm and other natural catastrophe risks worldwide

New division will target emerging and specialist markets across Africa, the Middle East, Europe, Asia and the Americas

Losses linked to conflict in the Middle East could be north of $2bn, against an annual gross premium of $2.5m, Marsh Re says

Increase in MGA capacity is part of a wider fragmentation of capacity in the general aviation market, broker says

Cost of major repairs jumps nearly 11% year-on-year amid labour shortages and increased cost of parts and materials, McLarens Aviation data shows

Aviation retrocession markets are becoming cautions of rising losses amid a ‘changing view of risk’, Gallagher Re reports

While the deterioration was a surprise, senior market figures said the $2.8bn loss was not a market-moving event for marine reinsurance renewals

Handen will lead the carrier’s growth initiatives across the US, Canada and Latin America

Insurers but will require products better suited to middle-market buyers, broker says

Payouts down from 2024/25 but still ‘elevated’, Cefor statistics reveal

Handen will lead the carrier’s growth initiatives across the US, Canada and Latin America

Insurers but will require products better suited to middle-market buyers, broker says

Underwriters are paying closer attention to occurrence wording, geographic accumulations and the potential for civil unrest to develop into a broader political violence event, according to Markel

Middle East and Africa forecast to be the fastest growing regional markets

Middle East and Africa forecast to be the fastest growing regional markets

Managing general agent will initially write active assailant, terrorism and political violence risks

Coverage exclusions and demand for higher limits are creating opportunities for the international specialty carriers, Markel’s Henry Ang says

Ang will be responsible for developing Markel’s political violence and terrorism portfolio in the Asia-Pacific region