Specialty
Russia sanctions risk undermining future of International Group
Tipping point may come by end of decade, as shipowners turn to non-Western insurers just to keep trading, NorthStandard lawyer argues
Dual Europe enters cargo market
Managing general agent continues to expand marine division
LSM combines finpro and casualty in restructure
Insurer looks to expand its proposition across the UK, Middle East and north Africa
Cargo insurance premiums are ‘dropping off a cliff’
Rates softening in multiple markets, Horizon Underwriting Managers’ Mike Brews says
Power insurance markets see sharp price decline
Rising capacity means buyers can obtain price decreases of as much as 30%, but terms and conditions remain firm
Sompo Japan launches methane detection solution
Partnership aims to deliver satellite-based methane detection to help energy firms manage emissions risks and strengthen climate compliance
Lloyd’s ‘has not changed fossil fuels policy’
Chief executive, Patrick Tiernan, says Lloyd’s will not press syndicates to halt some fossil fuels underwriting
Dale Underwriting pulls out of offshore energy market
Lloyd’s insurer cites ‘portfolio discipline’ and ‘underwriting focus’ amid significant excess capacity in the class
Aviation insurance soft market ‘may be ending’
Airline losses mean insurers are scrutinising underwriting decisions more closely across their portfolio, WTW says
Atrium continues aviation build-out
Lloyd's carrier hires Mark Connellan as aviation underwriter
Marsh names Glod global head of aviation and space
Global broker promotes US regional aviation and space practice leader
‘Cautious’ aviation reinsurance market expected as losses mount
Increased retro sensitivity and cumulative losses to reshape aviation reinsurance sentiment, Howden Re predicts
London SCPR market capacity climbs in H1
Structured credit and political risk capacity increases 9% in the first half of the year amid influx of new MGAs, Gallagher Re finds
London company market premium growth slows
Premium income rises 1.7% to £49.3bn as claims inflation eases, IUA data shows
Pine Walk launches MGA Arenite Specialty
Arenite to write surety and structured credit insurance
Russia sanctions risk undermining future of International Group
Tipping point may come by end of decade, as shipowners turn to non-Western insurers just to keep trading, NorthStandard lawyer argues
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
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
Axa XL survey foresees slowdown in credit and political risk
Easing inflation and lower prices indicate post-pandemic growth spurt is cooling
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
WTW launches $200m cargo facility
New facility is designed to safeguard cargo owners from geopolitical risks such as terrorism, war and political violence
LA protests force rethink of SRCC coverage
Recent unrest in Los Angeles has reignited concern over the insurance industry's approach to strikes, riots and civil commotion cover, exposing definitional grey areas, silent coverage risks and an urgent need for modernised risk assessment tools, according to experts
Optio returns to PVT market with new offering
Lloyd's-backed product offers a $150m limit
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
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