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Marine

Argenta names Brand energy liability unit head

Brand joins from White Bear Managers, where she was energy liability founding partner

London Lloyds

Marine underwriters focus on discipline as market softens

As optimism continues to bring capacity into the market, there is a real risk to rate adequacy

Specialty Marine

China-Taiwan conflict fears could spark war risk insurer exodus

Even current ‘phoney war’ may have unintended consequences including marine casualties, conference hears

China Taiwan

Low premiums leave marine war market vulnerable to shocks, underwriters warn

War insurance market may still be seen as profitable, but concerns are mounting over low annual premiums and the sustainability of pricing models, according to experts

International Marine
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Energy

Argenta names Brand energy liability unit head

Brand joins from White Bear Managers, where she was energy liability founding partner

London Lloyds

Volt expands into ports and terminals with hire

Start-up MGA hires AIG's Chris Haines to lead new class 

London Energy

Rokstone inks binder agreement with Somers

Lloyd's binder provides capacity for international facultative property, power and onshore energy

International Lloyds

Insurers must solve the climate finance conundrum

Climate lobbyists ask how insurers can justify support for the industries that drive escalating risks

International Climate change
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Aviation

Lloyd’s 2024: MAT line swings to £152m underwriting loss

Marine rate rises slowed while aviation pricing 'remained marginal' as combined ratio climbs to 104.3%

London Specialty

ID Comment: Lloyd’s warns against the steady creep of margin erosion

Despite – or perhaps because of – the market's strong preliminary results for 2024, the Lloyd’s leadership renewed their call for underwriting discipline, with aviation and energy lines flagged as being of particular concern

London Lloyds

Howden UK&I launches aviation division in Leicester

Forbes Insurance MD becomes head of Leicester office

United Kingdom Specialty

Airline market remains soft although court cases pose risk

Hull war prices softening as capacity expands

International Ukraine crisis
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Specialty

Pine Walk launches casualty MGA

Sevanta Specialty Liability will focus on niche international specialty liability

Casualty Specialty

Argo names Donahue as CEO as Buss departs

Bermuda-based specialty insurer promotes chief financial officer to top role

Bermuda Argo

Marine underwriters focus on discipline as market softens

As optimism continues to bring capacity into the market, there is a real risk to rate adequacy

Specialty Marine

China-Taiwan conflict fears could spark war risk insurer exodus

Even current ‘phoney war’ may have unintended consequences including marine casualties, conference hears

China Taiwan
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Political Risk & Trade

Raising the stakes in political violence

Aegis London’s $100m political violence consortium comes at a time when traditional insurers have been heading for the exit, according to war and terrorism class underwriter, James MacDonald

London International

Regulation tops worries for transport sector

Geopolitical disputes prompt concerns about business disruption, WTW survey finds

North America International

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

International Chaucer

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

International Special Report
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Terrorism

Pool Re consults on terrorism cover for SMEs

Reinsurer explores reintegration of terrorism cover as a standard feature in commercial property insurance for small and medium-sized businesses

United Kingdom Reinsurance

Pool Re secures £2.75bn retrocession programme

Retrocession programme provides aggregate excess-of-loss cover for property damage caused by acts of terrorism certified by the UK government

United Kingdom Reinsurance

QBE launches political violence and terrorism line in Dubai

New line will be led by Ali Awad as political violence and terrorism senior underwriter

People moves Middle East and Africa

Aviva adds PVT and A&H to Probitas

Insurer continues integration of Probitas Lloyd’s platform with two new classes of business

London Lloyds
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