Specialty
North America hull market ‘remains fragile’
Increased capacity and aggressive competition from MGAs driving rates down, broker BSM says
Gard retains A+ rating with S&P Global
Norwegian club has best financial strength rating in International Group
Maduro arrest casts new light on US court decision on $54m Citgo claim
Circuit court considers claim under a war risk clause based on the Maduro regime’s actions in Venezuela
Black Sea attacks intensify with three tankers hit
Three ships were attacked on January 13 off Novorossiysk, two near the Caspian Pipeline Consortium
UIB appoints Spreadbury to lead downstream energy practice
Former Price Forbes head of renewables joins Lloyd’s broker
Westfield Specialty appoints Radbourne power and onshore renewables underwriter
Radbourne joins from MS Amlin, where he was power generation lead underwriter
Marine and aviation insurers ‘most exposed to Venezuela spillover risk’
Geopolitical developments tied to Venezuela are sharpening tail risk for specialty insurers, particularly in marine, aviation and political risk, despite minimal direct exposure to the country
Plugging the solar insurance gap
Innovative insurance can safeguard solar assets and strengthen the long-term viability of clean energy
Marine and aviation insurers ‘most exposed to Venezuela spillover risk’
Geopolitical developments tied to Venezuela are sharpening tail risk for specialty insurers, particularly in marine, aviation and political risk, despite minimal direct exposure to the country
Aviation market hardening to continue into 2026
Rate increases in the all-risks market are expected to be incremental and in line with those seen in 2025, according to Gallagher
Aviation reinsurance prices broadly flat at 1/1
Brokers report significant shift towards non-proportional placements amid profitability concerns
Inside the new space race
Today’s space environment is shaped by a new generation of operators pursuing unprecedented scale and innovation, creating new exposures for them and their insurers
North America hull market ‘remains fragile’
Increased capacity and aggressive competition from MGAs driving rates down, broker BSM says
Property reinsurance dynamic ‘unlikely to change in 2026’
Reinsurers are so well capitalised and attachment points are so high it would take more than a single major loss to move the markets, Gallagher Re’s Ian Kerton says
Gard retains A+ rating with S&P Global
Norwegian club has best financial strength rating in International Group
Record reinsurance capacity to drive M&A activity in 2026
As reinsurance rates soften firms are increasingly looking to deal-making to meet investor demand for growth, Mike Van Slooten, head of market analysis at Aon, says
Canopius appoints Kimber credit and political risk underwriter
Kimber joins from Swiss Re, where he led the sovereign credit and political risk insurance team across Europe, Middle East and Africa
Interpreting political risk and political violence coverage
The judgement in Hamilton Corporate Member and others v Afghan Global Insurance provides a pragmatic interpretative framework for differentiating political risk from political violence in the context of English insurance law
Multinationals face rising political risk exposure: Howden
Half of multinational companies experienced political risk losses between 2020 and 2025, with some exceeding $100m, survey finds
Lloyd’s becoming increasingly attractive for trade credit business
Coface execs say Lloyd’s new AA- credit rating, regulatory changes and global network paved the way for new trade credit syndicates
Australian terror pool issues notice on Bondi shootings
Cover becomes effective if federal minister declares shootings an act of terror
Pool Re’s Paul receives peerage
Appointment recognises Paul’s contribution to terrorism insurance and public service
Pool Re targets SME return to terrorism cover
Redesigned reinsurance scheme has seen more than £500m of terrorism risk returned to the private market in 2025, Pool Re chief executive says
The growing arsenal of marine war risks
Maritime operators face a combination of traditional threats, a deteriorating international situation, and new weapons and tactics, from drones to spoofing
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