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Marine

Armed robbery incidents surge in Singapore Strait

While most of these incidents are classified as ‘low-level crimes’, security experts have warned attacks have potentially serious consequences for seafarers 

Singapore Specialty

Trump tariffs raise risks for insurers

While Donald Trump may not impose tariffs on financial services, the insurance industry cannot escape the risks arising from recession, inflation or gyrating stock markets

North America International

Marine hull and machinery risk returning to unprofitability: Gallagher

Broker warns of pricing insufficiency as competition heats up 

International Specialty

Dual Europe launches Hamburg marine office

MGA continues to build out marine insurance offering in Europe

Europe Germany
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Energy

Energy market profitability ‘balancing on a tightrope’, WTW says

The market’s revenue potential means it continues to draw capital even as prices fall, broking giant says

International Specialty

Energy transition syndicate a ‘statement of intent’ from Axis

Syndicate 2050’s active underwriter, Elliot Lyes, discusses the potential of the newly launched syndicate amid the rapid growth of clean energy projects

Lloyds Axis Capital

‘The unsolved puzzle of climate finance’: Munich Re Specialty’s Richardson

‘There is the need to work together with partners across industries on the practical questions of who is going to allocate the required capital,’ Julian Richardson, the chief underwriting officer of Green Solutions at Munich Re Specialty, says

Climate change Munich Re

Argenta names Brand energy liability unit head

Brand joins from White Bear Managers, where she was energy liability founding partner

London Lloyds
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Aviation

Airline insurers at ‘tipping point’ in wake of major losses

Major claims and attritional losses, coupled with inadequate pricing, threaten technical losses in 2024 and 2025, Gallagher warns

International Specialty

Lloyd’s 2024: MAT line swings to £152m underwriting loss

Marine rate rises slowed while aviation pricing 'remained marginal' as combined ratio climbs to 104.3%

London Specialty

ID Comment: Lloyd’s warns against the steady creep of margin erosion

Despite – or perhaps because of – the market's strong preliminary results for 2024, the Lloyd’s leadership renewed their call for underwriting discipline, with aviation and energy lines flagged as being of particular concern

London Lloyds

Howden UK&I launches aviation division in Leicester

Forbes Insurance MD becomes head of Leicester office

United Kingdom Specialty
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Specialty

Armed robbery incidents surge in Singapore Strait

While most of these incidents are classified as ‘low-level crimes’, security experts have warned attacks have potentially serious consequences for seafarers 

Singapore Specialty

RSA to adopt trading name of parent Intact

Insurer plans expansion of specialty and commercial lines business in UK

United Kingdom RSA

Trump tariffs raise risks for insurers

While Donald Trump may not impose tariffs on financial services, the insurance industry cannot escape the risks arising from recession, inflation or gyrating stock markets

North America International

Marine hull and machinery risk returning to unprofitability: Gallagher

Broker warns of pricing insufficiency as competition heats up 

International Specialty
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Political Risk & Trade

Axa XL survey foresees slowdown in credit and political risk

Easing inflation and lower prices indicate post-pandemic growth spurt is cooling

International Specialty

Raising the stakes in political violence

Aegis London’s $100m political violence consortium comes at a time when traditional insurers have been heading for the exit, according to war and terrorism class underwriter, James MacDonald

London International

Regulation tops worries for transport sector

Geopolitical disputes prompt concerns about business disruption, WTW survey finds

North America International

Re/insurers face new age of political risk

The increasing importance of geopolitical factors in business decision-making has led to a transformation of re/insurers from passive risk managers to active geopolitical intelligence agents

International Chaucer
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Terrorism

Pool Re completes third catastrophe bond placement

£100m bond offers collateralised retrocession cover and aims to safeguard UK taxpayers against the financial impact of terrorism, according to Pool Re

United Kingdom InsuranceLinked Securities

Pool Re completes transition to modernised catastrophe treaty reinsurance scheme

Updated model seeks reflect the changing nature of terrorism threats and improve how cover is distributed across the market

United Kingdom Reinsurance

TMK appoints Wilson as head of special risks

Lloyd's carrier hires James Wilson from The Hartford

London Tokio Marine Kiln

Pool Re consults on terrorism cover for SMEs

Reinsurer explores reintegration of terrorism cover as a standard feature in commercial property insurance for small and medium-sized businesses

United Kingdom Reinsurance
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