Specialty
NorthStandard targets billion-dollar premium income by 2028
Last results ‘really successful’ despite ongoing underwriting deficit, argue Jennings and Grose
Navium and Overhaul launch AI infrastructure cargo consortium
Lloyd’s backed consortium is claimed to be the first of its kind to provide cover specifically for shippers of data servers
Families of Baltimore bridge dead agree terms with Dali interests
Trial to determine liability set to begin on June 1
Middle East conflict could become costliest PV loss on record
Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates
Axa XL names Richème global CUO for property
Richème succeeds Juergen Cherreck who joined Axa in 2018
Markel and Willis launch nuclear insurance facility
London market facility provides property damage and business interruption cover across the lifecycle of nuclear projects
Middle East crisis exposes fossil fuel folly: Guterres
Climate policymakers warn of fossil fuel crisis, while insurance survey reveals energy leaders see continuation of oil and gas
What would turn the soft energy market
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
Understanding aviation risk in Brazil’s agricultural sector
The seasonal concentration of losses, the variability of pilot quality, the constraints of the local repair environment and the expected emergence of autonomous platforms present challenges for the insurance market
Howden launches US aviation practice
Julio Jimenez to lead new practice targeting airlines, aerospace companies and aviation operators
Hive launches aviation reinsurance division
London-based managing general continues product line expansion
Geopolitical tensions could squeeze aviation premiums
A reduction in the number of flights could have a knock-on effect on insurers, WTW warns
WTW acquires crypto insurance platform Redefind
Global broker expand offering for digital asset protection and crypto insurance
Atrium launches product recall division
Lloyd’s carrier hires Marcus Hawkes from Apollo to lead new offering
The world has changed, so why hasn’t the insurance market?
Conflicts on the scale of the current Middle East crisis may well arise again, and the insurance market would be wise to reflect that possibility in its risk assessments
NorthStandard targets billion-dollar premium income by 2028
Last results ‘really successful’ despite ongoing underwriting deficit, argue Jennings and Grose
Middle East conflict could become costliest PV loss on record
Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates
BPL launches reinsurance division
BPL Re will focus on credit, political risk and surety business
Tariffs remain top political risk concern despite Middle East conflict
Many businesses found rising tariffs to be the most difficult political risk to manage, Willis survey finds
Political risk insurance demand set to spike as Middle East tensions grow
Growing appetite for cover as missile strikes and regional unpredictability heighten threats to businesses, survey finds
Middle East conflict could become costliest PV loss on record
Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates
War overtakes civil unrest as biggest political violence threat
Political violence and terrorism claims arising from Iran conflict could be higher than from the war in Ukraine, Allianz warns
Middle East tensions raise aggregation risks for terrorism insurers
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 announces £2.75bn retrocession package
Pool Re hails record number of private reinsurance backers
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