Financial lines, inland marine and environmental liability classes added to group’s US excess and surplus lines platform

United Nations Environment Programme Finance Initiative calls on insurers to help design a new financing effort for the blue economy

Marine mutual reports second straight underwriting deficit amid sharp jump in payouts

London-based marine mutual promotes chief financial officer

While the next generation of nuclear power offers significant growth opportunities, it also introduces a new generation of risks that require careful calibration of policy wordings, aggregation management and capital deployment

Carriers that prioritise underwriting expertise will be best positioned to lead, to influence and to support clients through a period of unprecedented change

Although there is clear appetite within the insurance market, capacity remains limited and constraints on insurability are inevitable for complex and rapidly developing technologies

Richème succeeds Juergen Cherreck who joined Axa in 2018

Underwriters are becoming more concerned about the systemic impact of risks originating from outside the aviation sector, IUAI research finds

The seasonal concentration of losses, the variability of pilot quality, the constraints of the local repair environment and the expected emergence of autonomous platforms present challenges for the insurance market

Julio Jimenez to lead new practice targeting airlines, aerospace companies and aviation operators

London-based managing general continues product line expansion

Financial lines, inland marine and environmental liability classes added to group’s US excess and surplus lines platform

While the next generation of nuclear power offers significant growth opportunities, it also introduces a new generation of risks that require careful calibration of policy wordings, aggregation management and capital deployment

Current AI model evaluation methods focus on performance rather than failure, limiting insurer confidence in pricing AI risk, Gallagher Re argues

Cyber BI claims are often complex and involve tower structures with multiple insurers providing different layers of coverage

Insurers and their clients will need to treat political risk as a permanent feature of the operating environment, warns WTW’s Sam Wilkin

Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates

BPL Re will focus on credit, political risk and surety business

Many businesses found rising tariffs to be the most difficult political risk to manage, Willis survey finds

Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates

Political violence and terrorism claims arising from Iran conflict could be higher than from the war in Ukraine, Allianz warns

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