Specialty
Slow but steady renewals see P&I clubs make rate hikes stick
Chinese New Year and owner hesitancy could hold things up, as International Group affiliates budget for record pool scheme deficit
Steamship Mutual heading for underwriting loss
Record-breaking pool deficit likely to hit all International Group affiliates
India authorises third sanctioned Russian P&I provider
Depth of cover unclear, market sources say
Fidelis syndicate confirms International Group private placement
International Group inks first private placement in Lloyd’s market for its mammoth reinsurance programme through newly established Fidelis syndicate
Arch promotes Hamilton to head of energy and marine liability
Executive will be responsible for combining the insurer's energy and marine teams as part of a restructure of its casualty division
IQUW expands energy team with trio of appointments
Specialty re/insurer makes senior hires from Liberty Specialty Markets and Canopius
Volt names Scott senior underwriter for power and renewables
Scott joins from Travelers Syndicate Management, where he was managing senior underwriter and head of power and utilities
Finance greening and greening finance
Climate and biodiversity experts detail the work needed to transform global financial systems
Airline pricing pressure to continue into 2025: Howden
Overcapacity and a trend for diversification into general aviation, aerospace and war lines expected to continue this year
UIB promotes Ambrozewski to aviation MD
Lloyd's broker makes appointment following departure of Miles Taffs
Westfield Specialty appoints Threlfall as PV and war senior underwriter
Threlfall joins from Travelers, where he was political violence underwriter
Core Specialty completes London Aviation Underwriters acquisition
Aviation and aerospace wholesale agency represents Core Specialty’s 18th business unit
Ki partners with QBE to expand digital follow capacity
QBE’s capacity will be available on Ki’s platform for business incepting from March 1 and cover 11 open market classes
CFC launches cyber physical damage bolt-on
Specialist underwriter says the cyber insurance market needs to provide meaningful capacity for physical events
Slow but steady renewals see P&I clubs make rate hikes stick
Chinese New Year and owner hesitancy could hold things up, as International Group affiliates budget for record pool scheme deficit
Airline pricing pressure to continue into 2025: Howden
Overcapacity and a trend for diversification into general aviation, aerospace and war lines expected to continue this year
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
Managing geopolitical risk in unprecedented times
From conflicts in Ukraine and the Middle East to emerging threats from China and the US, few underwriters have faced a geopolitical landscape as dynamic as it is now
Are infrastructure assets back in vogue?
Infrastructure assets can bring huge social and economic benefits
Defining ‘unprecedented’ in the world of political violence
Political violence insurers are facing arguably the greatest level of volatility for decades with an escalation in the number of unexpected events
Modernising terrorism insurance far from only focus for Pool Re: Clementi
Chief executive outlines plans to transfer £2.5bn of terrorism risk to the private market while investing in national resilience measures and supporting the rollout of Martyn’s Law
‘Unstable’ world order amplifying terror risks
Potential for more global instability is increasing demand for terrorism insurance, Markel’s director of terrorism says
Defining ‘unprecedented’ in the world of political violence
Political violence insurers are facing arguably the greatest level of volatility for decades with an escalation in the number of unexpected events
Evaluating liabilities and cover for Martyn’s Law
Regardless of who wins the UK election, there will be new duties in relation to the protection of the public, which will have insurance implications
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