The insurance market is all about understanding and mitigating risk, but when it comes to the rapidly evolving war in Ukraine, providing cover for journalists, humanitarian workers and advisers entering the country presents a number of major challenges
Impact for P&I clubs hard to tell until details of mechanism are fully available, according to chief executive of International Group
A reduction in oil prices would be beneficial in a world facing the risk of a global recession, says analyst Erik Broekhuizen
Specialty re/insurance market reports underwriting profit of £1.2bn in the first half of the year as underlying performance improves but rising interest rates lead to overall loss of £1.8bn
Market is pricing for inflation of 10%, with loss-hit areas such as lines affected by the war in Ukraine particularly susceptible to rate hikes, analysts warn
The specialty nuclear insurer says it is committed to providing cover for the three power stations still under Ukrainian control
'Significant demand' for Ascot-backed facility reported as first placement made
While its full impact is still unknown, the Ukraine war will continue to add to the period of heightened risk for the industry
Mix-up blamed on poor wording of original rules by European Union, with sources claiming considerable disruption to market
Worst-case scenario of high insurance premiums jacking up costs to buyers and thus to hungry consumers in emerging market economies now looks to have been averted
The reserve hike is a result of an increase in information compared with the first quarter of the year
Britain’s Ofsi expected to move towards US approach – forbidding transactions with named individuals, companies and entities – rather than emulate EU blanket ban
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