Specialty
NorthStandard confirms firm P&I renewal round
Biggest UK-based marine mutual ‘not going soft’ with focus on improving combined ratio
Absolutely nuts: off-spec bunkers cut with cashew shell residues
Concern for marine insurers is that engine damage from off-spec bunkers can lead to hull claims
Weak dollar will boost headline marine insurance premiums: IUMI
Greenback’s recent plunge will bolster aggregate statistics for sector
Marine insurers face exodus of senior talent, Dalton warns
Specialty lines in particular are facing significant demographic shift as a generation of technical experts and senior leaders look to retire, Munich Re executive and IUMI vice-president Sean Dalton says
Fac reinsurers face three main trends: Gallagher Re
Reinsurance broker highlights capital abundance with selective disciple, structural shifts in distribution and regional differentiation as key factors in 2026/2027
Optio acquires Norwegian MGA AGS Forsikring
Acquisition aims to expand Optio’s Scandinavian footprint, adding capabilities in energy, sport and fine art insurance
UIB appoints Spreadbury as head of renewables
Former Price Forbes head of renewables joins Lloyd’s broker
Westfield Specialty appoints Radbourne power and onshore renewables underwriter
Radbourne joins from MS Amlin, where he was power generation lead underwriter
LSM names Louth head of aviation
Louth joins insurer from Willis where he was head of broking for global aviation and space
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
Marine and aviation insurers ‘most exposed to Venezuela spillover risk’
Geopolitical developments tied to Venezuela are sharpening tail risk for specialty insurers, particularly in marine, aviation and political risk, despite minimal direct exposure to the country
Aviation market hardening to continue into 2026
Rate increases in the all-risks market are expected to be incremental and in line with those seen in 2025, according to Gallagher
Absolutely nuts: off-spec bunkers cut with cashew shell residues
Concern for marine insurers is that engine damage from off-spec bunkers can lead to hull claims
Weak dollar will boost headline marine insurance premiums: IUMI
Greenback’s recent plunge will bolster aggregate statistics for sector
Reinsurance pricing likely to decline further at June 1: Williamson
Florida renewals will see ‘interesting dynamic’ with continued demand for reinsurance cover set against an improving underlying insurance market, Everest chief executive says
London market premiums 'to reach $219bn in 2026'
London's share of global reinsurance, specialty and property business has increased, but casualty and financial lines share dips, latest London Matters report finds
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
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
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
US terrorism rates fall as competition heats up
On average terrorism policyholders experienced a price decrease of 10.4% in the final quarter of 2025, according to WTW
Australian terror pool issues notice on Bondi shootings
Cover becomes effective if federal minister declares shootings an act of terror
Pool Re’s Paul receives peerage
Appointment recognises Paul’s contribution to terrorism insurance and public service
Pool Re targets SME return to terrorism cover
Redesigned reinsurance scheme has seen more than £500m of terrorism risk returned to the private market in 2025, Pool Re chief executive says
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