Attritional claims volume below expectations, but payouts higher than anticipated at marine mutual 

Lloyd's consortium will offer line sizes of up to $80m to support global cargo risks

New MGA aims to integrate real-time vessel data into underwriting to assess risk based on vessel condition

M&A activity could reduce the amount of capacity available for managing general agents

$40m consortium is also backed by syndicates including Axis, Everest, QBE and Scor

Lloyd’s broking firm is founded by former Miller broker Alex Taylor

Any future insurance for these vessels would need to be ‘bespoke, extremely high in value and likely supported by governments’, Axa XL’s Vicky Roberts-Mills and Jarek Klimczak say

Costlier energy is only one in a pileup of risks facing re/insurers for many months to come

London market broker hires Marsh's Jonny Rowling to lead new practice 

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

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

Louth joins insurer from Willis where he was head of broking for global aviation and space

Attritional claims volume below expectations, but payouts higher than anticipated at marine mutual 

Artificial intelligence is causing losses that existing insurance policies ‘are not designed to cover’, Gallagher Re warns

Transaction creates ninth-largest Lloyd’s managing agency and provide US firm an entry into Bermuda reinsurance market

Lloyd’s firm’s new division will underwrite risk solutions across property, specialty and credit classes of business

Growing appetite for cover as missile strikes and regional unpredictability heighten threats to businesses, survey finds

Insurers and trade bodies are calling for changes to ‘super conservative’ bank capital rule that is depressing demand for trade credit insurance

JWC secretary expresses doubt about US effort

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

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 hails record number of private reinsurance backers

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

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