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Marine

Why competence mapping matters in P&I

Competence in a mutual insurer is different from capability in many other businesses

Viewpoint Marine

Beazley names Khera head of marine

Executive will lead the London-listed insurer’s marine, energy, aviation and space teams

Specialty Marine

Chubb CEO outlines conditions for operation of US war risk facility

Evan Greenberg says military conditions not yet in place for $40bn facility to begin assuming risk

Strait of Hormuz crisis Specialty

Marine insurance will survive the Hormuz crisis — some marine insurers may not

Aggregated multi-line losses and constructive total loss claims could have a significant impact on the market and individual carriers

Strait of Hormuz crisis Specialty
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Energy

Middle East crisis exposes fossil fuel folly: Guterres

Climate policymakers warn of fossil fuel crisis, while insurance survey reveals energy leaders see continuation of oil and gas

Strait of Hormuz crisis Climate change

What would turn the soft energy market

A major loss, a withdrawal of capacity or a shift in reinsurance appetite could quickly change the direction of the market, Willis’s Michael Buckle says

International Energy

Energy market defined by ‘striking contradiction’

Despite mounting loss activity and geopolitical volatility, the energy insurance market remains deeply soft, according to Willis

International Broker

Swiss Re names Revell global head of marine and energy

Revell has more than 30 years of reinsurance experience

People moves Reinsurance
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Aviation

McGill launches aviation war risk solution for ground-based assets

Broker seeks to address gap in traditional hull war market with London market-backed product

Specialty Aviation

Aviation war market ‘reactive, not proactive’: Hive’s Carman

Aviation war market has failed to learn from Russia as Middle East Gulf tensions test pricing, coordination and leadership, warns Hive chief executive, Bruce Carman

Aviation Specialty

Aviation pricing remains stable despite Middle East conflict

Outside the region, robust capacity continues to temper calls for a market correction

International Aviation

Tysers names Cooper director of marine and aviation

Executive joins Lloyd’s broker from Consilium

London Broker
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Specialty

Apollo enters sports and entertainment market

Lloyd’s carrier hires Axa XL’s Paul Thomas to lead new business line

Lloyds People moves

PPL rolls out upgraded console with AI tools

Latest release adds document comparison and placement creation assistants as the platform expands its digital trading capabilities

Technology and Innovation Distribution

Canopius launches cyber war product

Product covers attacks carried out as part of a physical conflict and state-backed cyber events when a war has not been declared

Cyber Specialty

Miller reports increased revenue as international expansion continues

Broker reports total revenues rose 15% to £314m in 2025

Reinsurance Broker
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Political Risk & Trade

Political risk insurance demand set to spike as Middle East tensions grow

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

Strait of Hormuz crisis United Arab Emirates

Trade credit insurers hope for change to EU capital rule

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

Europe Specialty

Joint war committee revises listed areas following Iran strikes

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

Strait of Hormuz crisis Political Risk and Trade
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Terrorism

Middle East tensions raise aggregation risks for terrorism insurers

Prolonged conflict could lead to stricter underwriting conditions and reduced capacity, particularly for risks linked to critical infrastructure and high-profile locations, analysts warn

Strait of Hormuz crisis International

Pool Re announces £2.75bn retrocession package

Pool Re hails record number of private reinsurance backers

United Kingdom Property

Iran conflict widens political violence exposure across the Middle East

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

Iran Israel

Joint war committee revises listed areas following Iran strikes

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

Strait of Hormuz crisis Political Risk and Trade
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