Insurance Day is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Specialty

 

 

Marine

Yemen sanctions breaches void P&I cover: International Group

Stringent due diligence needed, insurers warn, after three vessels blacklisted

Yemen Specialty

Aon expands marine expertise with Atlas acquisition

Global broker acquires Israeli marine and cargo specialist Atlas Insurance Agency

Israel Broker

Tankers cheaper to insure than a year ago but bulk premiums up fractionally

Baltic Investor Indices data inconclusive on claims hull pricing is falling

International Specialty

Marine MGA Amphitrite increases war capacity

Managing general agent adds $40m of Lloyd’s capacity to support growth

Lloyds Marine
See All
Energy

Energy market profitability ‘balancing on a tightrope’, WTW says

The market’s revenue potential means it continues to draw capital even as prices fall, broking giant says

International Specialty

Energy transition syndicate a ‘statement of intent’ from Axis

Syndicate 2050’s active underwriter, Elliot Lyes, discusses the potential of the newly launched syndicate amid the rapid growth of clean energy projects

Lloyds Axis Capital

‘The unsolved puzzle of climate finance’: Munich Re Specialty’s Richardson

‘There is the need to work together with partners across industries on the practical questions of who is going to allocate the required capital,’ Julian Richardson, the chief underwriting officer of Green Solutions at Munich Re Specialty, says

Climate change Munich Re

Argenta names Brand energy liability unit head

Brand joins from White Bear Managers, where she was energy liability founding partner

London Lloyds
See All
Aviation

Airline insurers at ‘tipping point’ in wake of major losses

Major claims and attritional losses, coupled with inadequate pricing, threaten technical losses in 2024 and 2025, Gallagher warns

International Specialty

Lloyd’s 2024: MAT line swings to £152m underwriting loss

Marine rate rises slowed while aviation pricing 'remained marginal' as combined ratio climbs to 104.3%

London Specialty

ID Comment: Lloyd’s warns against the steady creep of margin erosion

Despite – or perhaps because of – the market's strong preliminary results for 2024, the Lloyd’s leadership renewed their call for underwriting discipline, with aviation and energy lines flagged as being of particular concern

London Lloyds

Howden UK&I launches aviation division in Leicester

Forbes Insurance MD becomes head of Leicester office

United Kingdom Specialty
See All
Specialty

Arch positive on growth despite headwinds: Papadopoulo

Chief executive says ‘plenty of profitable opportunities remain’ amid tighter capacity and trade wars

Bermuda Arch Capital

Yemen sanctions breaches void P&I cover: International Group

Stringent due diligence needed, insurers warn, after three vessels blacklisted

Yemen Specialty

Aspen earnings fall as carrier gears up for IPO

Bermuda-based re/insurer reports profits halved in the first quarter of the year as combined ratio climbs 9.5 points to 96.1%

Bermuda Aspen

Arch profits fall 28% in Q1 amid wildfire losses

Bermuda-based carrier books quarterly combined ratio of 90.1% as wildfire losses surpass $540m

Bermuda Arch Capital
See All
Political Risk & Trade

Axa XL survey foresees slowdown in credit and political risk

Easing inflation and lower prices indicate post-pandemic growth spurt is cooling

International Specialty

Raising the stakes in political violence

Aegis London’s $100m political violence consortium comes at a time when traditional insurers have been heading for the exit, according to war and terrorism class underwriter, James MacDonald

London International

Regulation tops worries for transport sector

Geopolitical disputes prompt concerns about business disruption, WTW survey finds

North America International

Re/insurers face new age of political risk

The increasing importance of geopolitical factors in business decision-making has led to a transformation of re/insurers from passive risk managers to active geopolitical intelligence agents

International Chaucer
See All
Terrorism

Aegis doubles capacity for digital terrorism product to $500m

Lloyd's consortium-backed product now suitable for larger organisations with significant exposure to terrorist risks

London Lloyds

Pool Re completes third catastrophe bond placement

£100m bond offers collateralised retrocession cover and aims to safeguard UK taxpayers against the financial impact of terrorism, according to Pool Re

United Kingdom InsuranceLinked Securities

Pool Re completes transition to modernised catastrophe treaty reinsurance scheme

Updated model seeks reflect the changing nature of terrorism threats and improve how cover is distributed across the market

United Kingdom Reinsurance

TMK appoints Wilson as head of special risks

Lloyd's carrier hires James Wilson from The Hartford

London Tokio Marine Kiln
See All
UsernamePublicRestriction

Register