Lloyd’s
Demand for physical cyber cover increasing: Brit
Businesses have a more sophisticated understanding of how the digital world is now meshed with the physical world, carrier’s head of cyber says
Oak Re syndicate 2843 receives final Lloyd’s approval
Global reinsurer’s syndicate backed by Bain Capital and Hampden Agencies to begin underwriting from January 1, 2025
Ascot and Markel lead hull war risk slip on captured Galaxy Leader
Travelers on hook for seafarer kidnap and ransom, market sources say
UK launches captives and ILS consultations
Consultations come as chancellor Rachel Reeves says re/insurance is one of five 'priority growth opportunities' for the UK
FCA to amend proposals on publicising inquiries
Financial Conduct Authority will release new proposals within a week, its chief executive tells House of Lords committee
More insurers embrace net-zero underwriting, survey finds
Eight in 10 insurers are imposing ‘climate and sustainability’ underwriting frameworks amid pressure from reinsurers, according to a new survey by Marsh
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
Lloyd’s professional liability underwriting manager Doe & Emuss launches
D&E will offer professional liability underwriting services via wholesale brokers and agents in London, the US and Canada
Abundance of capacity pushes cargo rates down
Carriers have been taken by surprise by the speed at which rates have softened, Gallagher Specialty says
Hiscox reports 3% ICWP premium growth but trims London book
London-listed group to reserve net loss of $75m for Hurricane Milton
Antares Global unveils underwriting restructure
Global re/insurer forms retail and commercial divisions and launches UK-based insurer to write MGA business
Shipowners’ Club acquires Lloyd’s MGA
Shipowners’ Club plans to use Lloyd’s MGA to offer hull policies to protection and indemnity clients
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