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

Re/insurers well capitalised to weather Iran conflict

But S&P Global warns of ‘sizeable insured losses’

Middle East and Africa Strait of Hormuz crisis

US pledges risk insurance for Middle East shippers

Washington aims to guarantee energy supplies through DFC insurance

Strait of Hormuz crisis Middle East and Africa

Understanding the risk of blocking in the Strait of Hormuz

Circumstances involving immediate physical danger, widespread cancellation or withdrawal of cover, and credible threats of detention or attack may collectively satisfy the threshold for recognising a vessel as blocked and trapped

Strait of Hormuz crisis Iran

US, UK and Israeli ships charged three times more than others for Middle East war cover

All shipowners are facing a four or fivefold jump in premiums as insurers respond commercially to the launch of US and Israeli military action against Iran

Strait of Hormuz crisis Geopolitics
See All
Energy

Oka partners with 1089 to back insured carbon asset

New framework embeds invalidation risk cover into advanced fuels credits in bid to strengthen carbon market structure

Specialty Energy

Battle lines drawn for critical minerals

Competition for critical minerals is heating up between the developers of data centres and the producers of clean energy

Digitalisation Climate change

Pre-disaster insurance market is growing: Napiorkowski

‘We can boost climate finance by spreading the word about technology performance insurance,’ Ariel Green managing director Jan Napiorkowski says

Big Interview Climate change

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
See All
Aviation

Cyber and casualty are concerns in the soft market: Axa XL’s Guénot

The insurer’s head of Southern Europe, Julien Guénot, worries about cyber risk volatility and loss deterioration in casualty lines

Europe Axa

Aviation safety is a product of the many and not the few

The sustained reduction in aviation fatalities is the result of continuous effort by countless individuals and organisations

Viewpoint Specialty

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
See All
Specialty

Re/insurers well capitalised to weather Iran conflict

But S&P Global warns of ‘sizeable insured losses’

Middle East and Africa Strait of Hormuz crisis

Cyber and casualty are concerns in the soft market: Axa XL’s Guénot

The insurer’s head of Southern Europe, Julien Guénot, worries about cyber risk volatility and loss deterioration in casualty lines

Europe Axa

US pledges risk insurance for Middle East shippers

Washington aims to guarantee energy supplies through DFC insurance

Strait of Hormuz crisis Middle East and Africa

Understanding the risk of blocking in the Strait of Hormuz

Circumstances involving immediate physical danger, widespread cancellation or withdrawal of cover, and credible threats of detention or attack may collectively satisfy the threshold for recognising a vessel as blocked and trapped

Strait of Hormuz crisis Iran
See All
Political Risk & Trade

Joint war committee revises listed areas following Iran strikes

The JWC confirmed that Bahrain, Djibouti, Kuwait, Oman and Qatar have been added to the listed areas for hull war, piracy, terrorism and related perils

Strait of Hormuz crisis Political Risk and 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
See All
Terrorism

Iran conflict widens political violence exposure across the Middle East

Escalation between the US, Israel and Iran is transforming political violence risk from a contained threat into a multi-jurisdictional accumulation challenge for insurers

Iran Israel

Joint war committee revises listed areas following Iran strikes

The JWC confirmed that Bahrain, Djibouti, Kuwait, Oman and Qatar have been added to the listed areas for hull war, piracy, terrorism and related perils

Strait of Hormuz crisis Political Risk and Trade

UK civil unrest could trigger losses exceeding £4bn

Policing incidents, overseas conflicts and financial shocks could spark disorder capable of causing unprecedented insured losses, according to modelling firm Synthetik

United Kingdom Property

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
See All
UsernamePublicRestriction

Register