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Marine

Danish state marine war risk plan backed

Government to provide guarantee worth almost $1bn

Denmark Specialty

London Club opens Shanghai office

International Group affiliate sets up shop in free trade zone as clubs battle it out for China market share

Insurance China

P&I cover void if owners waive dangerous goods rights, International Group rules

Hague and Hague-Visby stipulations ‘long-established and fair’, marine mutuals say, with changes set to come in at next P&I renewals

International Regulation

Tysers names Upton marine and aviation director

Lloyd's broker hires Castel executive to lead development of London market facultative solutions 

London Lloyds
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Energy

Casper launches renewable energy MGA Tundra Specialty

New division marks the ‘first milestone’ in managing general agent's plan to broaden product footprint

United Kingdom Distribution

Green transition ‘requires more sophisticated insurance products’

Investment in transition technologies requires a combination of specialist financial lines insurance and more traditional covers, Tokio Marine GX chair, Fraser McLachlan, says

International Energy

Howden expands Aviva-backed renewables facility

Facility will now be available across the broker's UK hubs

United Kingdom Specialty

Howden US names Palomba deputy head of natural resources

Broker continues US build-out with hire of Aon managing director 

United States Broker
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Aviation

Tysers names Upton marine and aviation director

Lloyd's broker hires Castel executive to lead development of London market facultative solutions 

London Lloyds

Lockton Re names Bell head of aviation

Bell joins reinsurance broker from Aon

International Broker

Atrium warns on 2021 year of account amid aviation claims uncertainty

Lloyd’s carrier says decision will be take in the first quarter of next year on whether to close the 2021 year of account

London Lloyds

Capacity continues to temper airline rates: Gallagher

An ‘abundance’ of capacity is hampering efforts by carriers to raise prices as the busy final quarter for renewals gets under way

International Specialty
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Specialty

Danish state marine war risk plan backed

Government to provide guarantee worth almost $1bn

Denmark Specialty

London Club opens Shanghai office

International Group affiliate sets up shop in free trade zone as clubs battle it out for China market share

Insurance China

Berne Financial Services Agreement creates opportunities for UK insurers in Switzerland

Comprehensive financial services treaty opens a new avenue for UK insurers to underwrite non-life insurance directly in Switzerland

Switzerland Legal focus

Bishop Street launches MGA incubator

Bishop Street Program Managers aims to fast-track the development of MGAs

North America Distribution
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Political Risk & 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

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

Europe Lloyds
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Terrorism

Pool Re rewires UK terrorism backstop to tackle SME protection gap

Chief underwriting officer, Jonathan Gray, discusses Pool Re’s structural overhaul and what it means for insurers, SMEs and the future of terrorism protection

United Kingdom Terrorism

MGA Samphire acquired in Kantara Capital-backed MBO

Investment vehicle of CFC founders David Walsh and Graeme Newman supports buyout of crisis management specialist MGA

London Mergers and Acquisitions

WTW launches $200m cargo facility

New facility is designed to safeguard cargo owners from geopolitical risks such as terrorism, war and political violence

International Willis Towers Watson

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

North America United States
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