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Marine

International tensions and climate change reshaping marine sector’s risk profile: Allianz

Losses now at lowest-ever level and casualty numbers slightly down year-on-year, Allianz Commercial study finds

Allianz International

Poseidon Principles for Marine Insurance adopts net-zero target

New policy brings initiative into line with IMO goals

International Marine

SiriusPoint forms inland marine partnership with Distinguished Programmes

New programme will focus on cover for motor truck cargo and transportation, contractors' equipment, builders' risk and ancillary coverages

United States Specialty

Markel remains committed to Black Sea and Red Sea hull and cargo war markets

Lloyd’s insurer will stay course even where rivals pull out after reinsurance jitters, its director of marine says

London Lloyds
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Energy

Fidelis Partnership opens Abu Dhabi office

MGU hires former Oneglobal senior executive Matthew Warren to lead new office

Middle East and Africa United Arab Emirates

IGI 'excited' by reinsurance opportunities: Jabsheh

Waleed Jabsheh says International General Insurance hopes to get ‘sliver’ of Lloyd’s business as new box opens for business

Bermuda Lloyds

Clean energy is much more than a climate change solution: McGill's Sexton

Broker’s head of renewables, power and energy describes an evolving market that embraces climate, security of supply and geopolitical risks

International Energy

Amboss launches with takeover of Oilfield’s Switzerland business

Managing general agent will focus on energy sector and climate transition

Europe Netherlands
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Aviation

Gallagher predicts strong capacity in general aviation

Broker says ‘saturation’ in airlines is leading insurers to move to non-commercial aviation

International Property

Viewpoint: Turbulence ahead for the aviation insurance market

The frequency of catastrophic aviation losses has slowed in recent years but their severity has increased

International Aviation

Acrisure launches aerospace division

The new division brings together several Acrisure businesses under the leadership of managing partner, Jason Riley

United States Specialty

Rokstone expands US aviation team with three hires

Managing general agent hires industry experts from AIG, Starr and Lockton 

United States Specialty
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Specialty

Canopius names Haste group chairman

Former RSA Insurance chief executive to succeed Michael Watson at specialty carrier

London Canopius

International tensions and climate change reshaping marine sector’s risk profile: Allianz

Losses now at lowest-ever level and casualty numbers slightly down year-on-year, Allianz Commercial study finds

Allianz International

Browne returns to AIG as global head of specialty

US insurance giant hires Allianz executive to lead its marine, aviation, credit, energy and construction and other specialty businesses

Specialty AIG

SiriusPoint forms inland marine partnership with Distinguished Programmes

New programme will focus on cover for motor truck cargo and transportation, contractors' equipment, builders' risk and ancillary coverages

United States Specialty
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Political Risk & Trade

Businesses worried about 2024 election unrest

Nearly three-quarters of respondents say they fear elections will have an impact on their international operations and ability to trade, Beazley survey finds

International Beazley

Viewpoint: Black flag on the high seas

Supply chains are at increased risk of interruption by hostile actors, with Houthi attacks in the Red Sea forcing shipowners to reroute vessels

Liberty Specialty

Viewpoint: Assessing risks in a big year for African democracy

With at least 18 elections scheduled to take place this year in Africa, insurers will need to keep an eye on risk dynamics and the profiles of insured assets and policy contracts

Middle East and Africa Political Risk and Trade

Marine insurers face extra due diligence in Russia oil price cap crackdown

From February 20 pre-voyage attestations required for all tankers calling at Russia, affecting about 41% of tankers covered by Western insurers, a proxy for price cap compliance, based on January callings

International Marine
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Terrorism

Terrorists 'to make limited use of AI in near future'

Technology may help propaganda and targeting efforts, but extremists will adopt it slowly, Pool Re report finds

International Property

Evolin launches terrorism facility

New facility, which is led by Chaucer, has up to $500m limit per policy for terrorism

Europe London

Businesses worried about 2024 election unrest

Nearly three-quarters of respondents say they fear elections will have an impact on their international operations and ability to trade, Beazley survey finds

International Beazley

Pool Re members and Treasury approve treaty change

Formal approval is a ‘clear and exciting mandate’ for modernisation, terrorism reinsurer's chief executive, Tom Clementi, says

United Kingdom Reinsurance
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