Specialty
Inland waterways are vulnerable to climate change
Research by Marsh details how low and high water levels each exacerbate the challenge of navigating inland routes
NorthStandard’s run of big casualties down to luck: Jennings
Second-largest P&I club sees 14 large claims in excess of $1m in the first half of 2024
The continued rise of marine MGAs
Marine managing general agents are entering markets where traditional carriers sometimes fear to tread
BankServe warned against Nordic Plan after Galaxy Leader payout refusal
Speculation about second case of owner denied claim by Norwegian insurers, as brokers blast Danish insurer Codan’s ‘inappropriate’ stance
Are infrastructure assets back in vogue?
Infrastructure assets can bring huge social and economic benefits
When net-zero and competition law collide
Lloyd's is under pressure from campaigners to prohibit syndicates from underwriting fossil fuel risks, but whether such a prohibition would be legal under competition laws is not clear cut
Axa XL fronts parametric policy via Luxembourg captive
‘First-of-its-kind’ policy protects large energy business against a lack of rainfall
Generali restricts cover for new fossil fuel infrastructure
Italian giant will stop writing policies for some midstream and downstream facilities
Aviation war softening pressures build amid new capacity
Competition is increasing in the niche sector as new carriers enter the market, but the aviation insurance mega-trial is a ‘significant threat’ to the sector, Gallagher warns
Aviation insurers face off against aircraft lessors in multibillion-dollar 'mega-trial'
Insurers including AIG, Chubb and Lloyd’s are in court over claims brought by some of the world’s largest aviation lessors relating to aircraft stranded in Russia. The stakes are high and the outcome could have seismic implications for the aviation insurance market
Africa Specialty Risks launches marine and aviation division
New division will be led by Aurélien Sauty, who joins from Berkshire Hathaway Specialty Insurance, where he was assistant vice-president for marine in the Middle East
Axis promotes White to head of aviation
Executive succeeds Terry Wood, who is retiring after 22 years at the Bermuda-based carrier
NorthStandard’s run of big casualties down to luck: Jennings
Second-largest P&I club sees 14 large claims in excess of $1m in the first half of 2024
Everest launches insurance business in Italy
The launch in Italy follows the Bermuda-based group’s recent expansion into other key international markets
Hamilton Re launches credit, bond and political risk reinsurance operation
The new operation will be led by Sergio Lottimore who joins from Validus Re
Managing general agents are extending their reach
Firms should ‘stay resilient’ to their underwriting principles when facing a reducing rating adequacy environment, Managing General Agents' Association chief executive says
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
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
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
‘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
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
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