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Marine

Black Sea shipping attacks see hull war premiums surge

Greek shipowner in court battle with Berkshire Hathaway and slew of big-name Lloyd’s syndicates over Ukraine claim

Ukraine War Russian Federation

Rokstone launches autotransporter product

Lloyd's-backed product targets larger specialist fleet operations

Specialty Distribution

Super El Niño set to harden marine insurance premiums

Underwriters brace for increased exposures and higher claims

Marine Climate change

Asia armed robberies decline but Hormuz turmoil raises regional risk

Marine incidents in the first half of the year fell by 65% compared to the same period a year ago because of stronger deterrence from law enforcement

Asia Pacific Middle East and Africa
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Energy

McGill launches South African renewables product

Specialty intermediary partners with South African broker GIB on suite of coverage for developers, lenders and owners involved in South Africa’s energy transition

Specialty Energy

Consiluim names Outram managing partner for energy risk solutions

Broker continues build-out of energy platform with senior hire

Energy Broker

Aviva and Axis launch £200m renewables consortium at Lloyd’s

Consortium will focus on UK onshore renewable energy construction and operational risks

Lloyds London

NC Fusion facility plans first product launch this year

Tokio Marine GX and Northcourt’s nuclear fusion facility has attracted interest from the UK, Europe and the US, TMGX portfolio manager, Soheil Karimian, says

Energy Tokio Marine Holdings
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Aviation

Aviation insurance claims costs continue to rise

Cost of major repairs jumps nearly 11% year-on-year amid labour shortages and increased cost of parts and materials, McLarens Aviation data shows

International Specialty

Retro markets ‘push back’ on aviation rate pressure

Aviation retrocession markets are becoming cautions of rising losses amid a ‘changing view of risk’, Gallagher Re reports

Aviation Gallagher

Systemic risk of growing concern for aviation underwriters

Underwriters are becoming more concerned about the systemic impact of risks originating from outside the aviation sector, IUAI research finds

Specialty Aviation

Understanding aviation risk in Brazil’s agricultural sector

The seasonal concentration of losses, the variability of pilot quality, the constraints of the local repair environment and the expected emergence of autonomous platforms present challenges for the insurance market

Specialty Aviation
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Specialty

McGill launches South African renewables product

Specialty intermediary partners with South African broker GIB on suite of coverage for developers, lenders and owners involved in South Africa’s energy transition

Specialty Energy

Black Sea shipping attacks see hull war premiums surge

Greek shipowner in court battle with Berkshire Hathaway and slew of big-name Lloyd’s syndicates over Ukraine claim

Ukraine War Russian Federation

Consiluim names Outram managing partner for energy risk solutions

Broker continues build-out of energy platform with senior hire

Energy Broker

Canopius appoints Alioto group COO

Alioto joins from HSBC where she was deputy group chief operating officer

International Canopius
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Political Risk & Trade

The political violence market must respond to growing grey zone threat

Political violence risk can no longer be assessed only through the lens of war or terrorism — it must also account for disruption that sits below the threshold of open conflict

Property Political Risk and Trade

Political risk ‘no longer confined to traditional hotspots’

Insurers and their clients will need to treat political risk as a permanent feature of the operating environment, warns WTW’s Sam Wilkin

International Strait of Hormuz crisis

Middle East conflict could become costliest PV loss on record

Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates

Strait of Hormuz crisis Property

BPL launches reinsurance division

BPL Re will focus on credit, political risk and surety business

London Broker
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Terrorism

Increasing unrest creates PV&T opportunity in Asia

Coverage exclusions and demand for higher limits are creating opportunities for the international specialty carriers, Markel’s Harry Ang says

Markel Asia Pacific

Markel appoints Ang head of terrorism in Singapore

Ang will be responsible for developing Markel’s political violence and terrorism portfolio in the Asia-Pacific region

Markel Specialty

Middle East conflict could become costliest PV loss on record

Insured political violence and terror losses arising from the conflict could reach $3bn, Howden Re estimates

Strait of Hormuz crisis Property

War overtakes civil unrest as biggest political violence threat

Political violence and terrorism claims arising from Iran conflict could be higher than from the war in Ukraine, Allianz warns

International Property
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