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Aviva announces rebrand of Lloyd’s business Probitas

Move is part of Aviva’s work to incorporate the Lloyd’s platform into its global corporate and specialty business

Specialty London

Chubb to lead Lloyd’s Hormuz marine war risk consortium

The consortium will provide up to $200m of capacity separately for hull and P&I risks

Strait of Hormuz crisis Specialty

Some underwriters set to slash Hormuz war risk pricing in bid to grab market share

Brokers suggest some war risk carriers may take advantage of the slightly improved risk situation

Strait of Hormuz crisis Middle East and Africa

Hormuz fallout will change marine insurance permanently, argues Willis

Distinction between war risk and core coverage no longer valid, head of hull at heavyweight broker contends

Strait of Hormuz crisis Marine

Marine insurers face snap judgements over ‘fragile stabilisation’ in Strait of Hormuz

Normalisation hinges on return to historic transit volumes, say underwriters

Strait of Hormuz crisis Middle East and Africa

Oak and Descartes partner on Lloyd’s parametric capacity

Capacity deal will allow Descartes to write climate and technology risks through Oak’s syndicate 2843

Reinsurance Lloyds

Hull war premiums rise sharply despite handful of Hormuz transits

Pricing back up to levels last seen in early days of conflict

Strait of Hormuz crisis Lloyds

MNK to expand into specialty agricultural markets

Lloyd’s broker appoints Robert Cooper as managing director for aquaculture, livestock and bloodstock

People moves London

New ways to price emerging risks

Lloyd’s Lab’s 16th cohort shows how innovation is moving beyond efficiency gains, with insurtechs seeking to give underwriters a clearer view of emerging exposures across cyber, artificial intelligence and battery assets

Innovation Cyber

BMS launches Lloyd’s consortia unit

The delegated authority and consortia team will be led by Richard Wynn

London Lloyds

Markel International’s $5bn ambition

Andrew McMellin, president of Markel International, discusses profitable growth, the insurer’s new strategic plan, and the role of AI

Big Interview Markel

Westfield Specialty launches UK and European liability portfolio

Carrier hires former Everest senior underwriters to lead new product line as it continues to expand European footprint

Lloyds Europe
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