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Specialty
Jubilee oil rig losses reach $1.4bn
Losses rise from previous estimate of $1.25bn
XL Catlin's new marine chief targets $10bn US inland market
Standalone market is evolving with the terrorist threat
The standalone terrorism insurance market is busier than ever, with more capacity and more underwriters offering a greater variety of non-standard coverage
Specialty
Policies must adapt to cover the change in terror threat
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Latest From Specialty
Capsicum Re launches unit to tap into mortgage reinsurance boom
HDI launches excess and surplus lines carrier
Mitigating the risk of demographic change
The current changes taking place within Allianz will be as far reaching for the group’s specialty lines, large corporate risk and reinsurance businesses as they will be for its personal lines and retail activities, says Axel Theis, member of the Board of Management of Allianz SE
Great American launches luxury yacht programme
Blenheim launches specialty reinsurance division
John Cutts joins from Talbot
Beazley expands Jaramillo's role to engineering focus group leader
Marine
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Latest From Marine
Marine cargo MGA Fiducia expands with Travelers-backed trades facility
Great American launches luxury yacht programme
ECJ sets precedent in cross-border disputes
Pembroke launches China project cargo consortium
Pioneer appoints marine underwriter
Brit acquires renewal rights to legacy XL Catlin yacht book
Energy
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Latest From Energy
Alesco bolsters energy team with Willis Towers Watson hire
Bob Choppen to join broker in October
Mapfre Global Risks expands energy team with Argo hire
Kieran Wilson appointed as energy underwriter
Alesco strengthens energy division with new hires
Extending title insurance to renewable energy risks
The use of title insurance is expanding beyond its traditional applications to address the unique issues and exposures associated with wind and solar farm developments in the UK and Europe
Everest targets energy excess layers with Graham hire
Energy market 'on the cusp' of correction
Aviation
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Latest From Aviation
'Aircraft repair costs are taking off - the insurance industry must play its part in containing them'
Aviation insurers publish model Brexit clause for multi-year policies
Mapfre Global Risks plans to penetrate London market by targeting its weaknesses
Aviation investigation shows regulator is cutting its competition teeth
The FCA is taking a more assertive role in the oversight of the London market’s business practices
Liberty Specialty Markets names new head of aviation reinsurance
Global Aerospace to set up Paris subsidiary as Brexit contingency plan
Specie
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Latest From Species
Howden acquires Singapore broker
Getting down to brass tacks of specie risk exposure
Specie remains an attractive class despite the challenging market conditions. But capacity alone is insufficient to write the line successfully - careful risk selection and expertise is essential
The fine art and specie market is at a tipping point
The pressure on rates, coupled with the cost of reinsurance, is eroding margins significantly, leaving companies to question the viability of their continued participation
Insuring fine art on the high seas
When fine art and luxury yachts combine, there are some hazards to navigate for insurers
Fine art and specie market looks to technology to mitigate the low rating environment
Insurers have been expanding the size of their fine art and specie portfolios citing the diversification benefits of a class of business which, despite pricing pressures, still remained profitable. Here, a number of sector experts consider the market in London and Paris
Specie innovation critical to tempt new business to London
In London’s more traditional markets, innovations can be slow to materialise but the emergence of facilities and trend towards more business being placed in local markets means insurers are being forced to adopt new processes in order to remain competitive
Political Risk & Trade
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Latest From Political Risk and Trade
New LMA working group to examine banking regulations
Sompo Canopius strengthens credit and political risk team
Risk Foresight: Venezuela military join rebellion against Maduro
First signs of a hardening in the political violence reinsurance market?
Not too small to matter: building terrorism resilience for SMEs
SMEs in the UK have a long way to go to ensure their resilience in the face of a terrorist incident but the standalone terrorism insurance market, with its more flexible cover, can be an important part of the solution
Nexus acquires trade credit MGA Equinox
Terrorism
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Latest From Terrorism
Improving political violence insurance penetration in the Middle East
First signs of a hardening in the political violence reinsurance market?
Extending non-property damage BI cover into the regions
Although Lloyd’s have been providing terrorism cover with extensions for business interruption, denial of access and loss of attraction for some time now, regional brokers have not been able access this cover
Not too small to matter: building terrorism resilience for SMEs
SMEs in the UK have a long way to go to ensure their resilience in the face of a terrorist incident but the standalone terrorism insurance market, with its more flexible cover, can be an important part of the solution
Funding motor related terrorism claims
Gaps in terrorism cover must be closed
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